Case Summary
The plaintiff, IDBI Bank Ltd., filed a suit against a Joint Liability Group and its members for non-repayment of a term loan, claiming Rs.5,89,872.24 along with interest and damages.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The plaintiff provided evidence of the loan agreement and non-repayment by the defendants.
The plaintiff provided evidence of the loan agreement and non-repayment by the defendants.
Judgment Evidence:
null
Parties Involved
Plaintiffs
IDBI Bank Limited (null years)
IDBI Tower, WTC, Complex, Cuffe Parade, Mumbai-400005
Defendants
Ashraya Kerala JLG Unit (null years)
C/o Ashraya Kerala Charitable Society, Palluruthy, Ernakulam-682006
Rakhi (39 years years)
Thekkemalakkattu, Udayanapuram, Vaikom-686143
Pushpavally (52 years years)
Thekkemalakkattu Veed, Udayanapuram, Vaikom-686143
Divya (35 years years)
Karuvalli Colony, Udayanapuram, Vaikom-686143
Revamma (39 years years)
Puratheparambil, Udayanapuram, Vadake Muri, Vaikom-686143
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff entitled to realize loan amount, interest, and costs
Evidence:
Plaintiff's exhibits and oral testimony confirmed plaintiff's claim
Documents & Evidence
Document Type:
Original loan agreement
Submitted By:
Plaintiff
Relevance:
Used to establish the loan terms and amount
Reference:
Ext.A1
Document Type:
Original Sanction letter
Submitted By:
Plaintiff
Relevance:
Contains details of loan sanction
Reference:
Ext.A2
Document Type:
Original Inter-Se agreement
Submitted By:
Plaintiff
Relevance:
Binding agreement for joint liability
Reference:
Ext.A3
Document Type:
Statement of account along with certification
Submitted By:
Plaintiff
Relevance:
Shows account status from 30.11.2017 to 04.08.2022
Reference:
Ext.A4
Document Type:
Copy of loan recall notice
Submitted By:
Plaintiff
Relevance:
Document showing issuance of loan recall notice
Reference:
Ext.A5