Case Summary
The plaintiff, IDBI Bank Limited, is seeking recovery of a term loan of Rs.10,00,000/- from the first defendant, a Joint Liability Group, which failed to repay the loan. The defendants did not appear in court, leading to an exparte hearing.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Plaintiff is entitled to realize an amount of Rs.4,62,948.72/- and interest as per the judgment.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The plaintiff's case was established through unrebutted evidence and documentation presented in court.
The plaintiff's case was established through unrebutted evidence and documentation presented in court.
Judgment Evidence:
In the result, suit is decreed as follows. Plaintiff is entitled to realize an amount of Rs.4,62,948.72/- from the defendants and from their assets. Plaintiff is entitled to realize interest @ 11% per annum for Rs.4,62,948.72/- from the date of suit till date decree from the defendants and from their assets.
Parties Involved
Plaintiffs
IDBI Bank Limited (Age not specified years)
Mampilly Plaza, East Fort Junction, Hill Palace Road, Tripunithura, Ernakulam, Kerala-682301
Defendants
Kudumbasree Div 03 NHG 05 ORUMA (Age not specified years)
C/o. CDS Kudumbasree, Kochi Corporation, Affiliation No: 412/04-682 001
Ummar Rahnas Jaleel (44 years years)
3/378 A, Kurikkalakath, Ubaid Road, Fortkochi, Kochi-682001
Mary Adine (43 years years)
3/256, Eraveli Road, Fortkochi, Near Village office, Ernakulam, Kochi – 682001
Ruksana K J. (23 years years)
3/378 A, Kurikkalakath, Ubaid Road, Fortkochi, Kochi – 682001
Fousiya Ashraf (42 years years)
3/118, Eraveli Road, Fortkochi, Near Village office, Kochi – 682001
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is entitled to realize an amount of Rs.4,62,948.72/- from the defendants.
Evidence:
Plaintiff is entitled to realize an amount of Rs.4,62,948.72/- (Rupees four lakhs sixty two thousand nine hundred and forty eight and seven two paisa only) from the defendants and from their assets.
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is entitled to realize interest @ 11% per annum from the date of suit till date decree.
Evidence:
Plaintiff is entitled to realize interest @ 11% per annum for Rs.4,62,948.72/- from the date of suit till date decree from the defendants and from their assets.
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is entitled to realize interest @ 6% per annum from date of decree till date of realization.
Evidence:
Plaintiff is entitled to realize interest @ 6% per annum for Rs.4,62,948.72/- from date of decree till date of realization from the defendants and from their assets.
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is entitled to realize costs of the suit from defendants.
Evidence:
Plaintiff is entitled to realize costs of the suit from defendants and from their assets.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Original loan application dated 28.02.2019.
Reference:
Ext.A1
Document Type:
Sanction letter
Submitted By:
Plaintiff
Relevance:
Original sanction letter dated 28.02.2019.
Reference:
Ext.A2
Document Type:
Inter-se Agreement
Submitted By:
Plaintiff
Relevance:
Original inter-se agreement dated 28.02.2019.
Reference:
Ext.A3
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Statement of account along with certification.
Reference:
Ext.A4
Document Type:
Lawyer's Notice
Submitted By:
Plaintiff
Relevance:
Copy of lawyer's notice dated 02.11.2023.
Reference:
Ext.A5
Document Type:
Postal Receipts
Submitted By:
Plaintiff
Relevance:
Original postal receipts (10 in Nos.) accepted and marked in evidence.
Reference:
Ext.A6 Series