Case Summary
IDBI Bank Limited filed a suit against Kudumbashree Div 5 Nhg 93 Angel and other members for recovery of a loan amount due. The defendants failed to repay the loan, leading to this legal action.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendants jointly and severally to pay an amount of Rs.3,57,776/- with 8% interest per annum from the date of suit till the date of decree.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The evidence presented by the plaintiff was unchallenged and proved the claim satisfactorily.
The evidence presented by the plaintiff was unchallenged and proved the claim satisfactorily.
Judgment Evidence:
In the result, the suit is decreed directing the defendants jointly and severally to pay an amount of Rs.3,57,776/- with 8% interest per annum from the date of suit (ie, from 19.01.2024) till the date of decree.
Parties Involved
Plaintiffs
IDBI Bank Limited (Age not specified years)
IDBI Bank Ltd., Mampilly Plaza, East Fort Junction, Hill Palace Road, Tripunithura, Ernakulam 682 301
Defendants
Kudumbashree Div 5 Nhg 93 Angel (Age not specified years)
C/o CDS Kudumbashree Affiliation No 412/04-682001 Kochi Corporation District Mission Co-Ordinator Kudumbashree Civil Station Collectorate Ernakulam 682030
Kudumbashree Div 5 Nhg 93 Angel (Age not specified years)
C/o CDS Kudumbasree Kochi Corporation Affiliation No 412/04-682001 represented by its Secretary Mamalamparambil Mohammed Sunitha 5/497 New Road, Kochi Mattancherry Ernakualm-682002
Naseera (37 years)
5/1166 Pettikkaran Parambu Kombaramukku Kochi Mattancherry,Ernakulam - 682 002
Mamalamparambil Mohammed Sunitha (50 years)
5/497 New Road Kochi Mattancherry,Ernakulam-682002
NaseemaHaneefa (59 years)
Moideenkutty 5/550 Gelasett Building Mattancherry Ernakulam 682 002
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff requested to recover the amount due from the defendants.
Evidence:
In the result, the suit is decreed directing the defendants jointly and severally to pay an amount of Rs.3,57,776/-.
Documents & Evidence
Document Type:
Original letter of Intent
Submitted By:
Plaintiff
Relevance:
This document was used to prove the loan agreement and its terms.
Reference:
Ext.A1
Document Type:
Original Inter-Se agreement
Submitted By:
Plaintiff
Relevance:
This document was used to establish the agreement among the members of the self-help group.
Reference:
Ext.A2
Document Type:
Original of the articles of loan agreement for Financing Self Help group
Submitted By:
Plaintiff
Relevance:
This document details the terms of the loan extended to the self-help group.
Reference:
Ext.A3
Document Type:
Original Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
This document serves as a guarantee for the repayment of the loan.
Reference:
Ext.A4
Document Type:
Lawyer Notice
Submitted By:
Plaintiff
Relevance:
This document was used to demonstrate that the plaintiff informed the defendants about the outstanding loan amount.
Reference:
Ext.A5
Document Type:
Printout of Statement of account maintained by the plaintiff Bank
Submitted By:
Plaintiff
Relevance:
This document provides the financial details regarding the loan owed by the defendants.
Reference:
Ext.A6