Case Summary
IDBI Bank Limited filed a suit against Kudumbashree Div 5 NHG 50 Alif and its members for recovery of a loan amount due to default in repayment. The defendants availed a loan of Rs.10,00,000 but failed to repay, leading to the suit.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendants are directed to pay Rs.6,00,161.98 with interest and costs.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff, ordering the defendants to pay Rs.6,00,161.98 along with interest due to their default in loan repayment.
Why Plaintiff Won:
The plaintiff established a case for recovery of the loan with evidence of default.
The plaintiff established a case for recovery of the loan with evidence of default.
Losing Side's Weaknesses:
The plaintiff established a case for recovery of the loan with evidence of default.
The plaintiff established a case for recovery of the loan with evidence of default.
Supporting Evidence
On perusal of the plaint, proof affidavit and documents produced, I am of the view that plaintiff has established a case and plaintiff is entitled to realize an amount of Rs.6,00,161.98/- with interest from defendants.
Judgment Evidence:
In the result, suit is decreed as follows: Defendants shall pay Rs.6,00,161.98/- ... to plaintiff.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- IDBI Bank Limited
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Kudumbashree Div 5 NHG 50 Alif
- Party Role
- Defendant
- Party Name
- Kudumbashree Div 5 NHG 50 Alif
- Relation
- represented by
- Party Role
- Defendant
- Party Name
- Thansi C S
- Party Age
- 33
- Relation
- C/o
- Party Role
- Defendant
- Party Name
- Sajida Aslam
- Party Age
- 41
- Relation
- W/o
- Party Role
- Defendant
- Party Name
- Koulath
- Party Age
- 34
- Relation
- W/o
Plaintiffs Documents
Letter of intent/sanction, Inter-se agreement, Articles of loan agreement, Demand promissory note, Lawyer notice, Statement of account
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Jaykar K S
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Ramya Jaykar
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Padmapriya P
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff's request to recover Rs.6,00,161.98/- along with interest.
Evidence:
Plaintiff has established a case and plaintiff is entitled to realize an amount of Rs.6,00,161.98/- with interest from defendants.
Relief Type:
Other
Outcome:
Granted
Description:
Plaintiff entitled to realize costs of the suit.
Evidence:
Plaintiff is also entitled to realize the costs of the suit.
Documents & Evidence
Document Type:
Letter of intent
Submitted By:
Plaintiff
Relevance:
Document evidencing the loan sanctioned to the defendants.
Reference:
Ext.A1
Document Type:
Inter-se Agreement
Submitted By:
Plaintiff
Relevance:
Agreement executed by the members of the Self Help Group regarding the loan.
Reference:
Ext.A2
Document Type:
Articles of Loan Agreement
Submitted By:
Plaintiff
Relevance:
Documents outlining the terms of the loan granted to the defendants.
Reference:
Ext.A3
Document Type:
Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
Promissory note signed by the defendants agreeing to repay the loan.
Reference:
Ext.A4
Document Type:
Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Notice issued to the defendants requesting repayment of the outstanding loan.
Reference:
Ext.A5
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Account statement showing defendants' loan repayment status and NPA declaration.
Reference:
Ext.A6
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Ernakulam
State
Kerala
Court Establishment
Munsiff Court, Ernakulam
Common Reasons
Non-payment of Loan
Case Code
Case between IDBI Bank Limited vs Kudumbashree Div 5 NHG 50 Alif et al regarding realization of money.
Case Code Year
Case between IDBI Bank Limited vs Kudumbashree Div 5 NHG 50 Alif et al regarding realization of money.