Case Summary
The plaintiff, IDBI Bank Ltd, is seeking to recover an outstanding loan amount from a group of defendants who are members of a self-help group. The defendants failed to repay the loan, leading to the bank filing this suit.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The plaintiff is entitled to realise an amount of Rs.1,82,997/- together with interest at the rate of 6% per annum from the date of suit till the date of realization.
Case Type
Civil Suit
Final Judgment
No
The suit is decreed in favor of the plaintiff, allowing them to recover the outstanding amount along with interest from the defendants.
Why Plaintiff Won:
The plaintiff succeeded by proving their case with sufficient evidence and within the limitation period.
The plaintiff succeeded by proving their case with sufficient evidence and within the limitation period.
Losing Side's Weaknesses:
The plaintiff succeeded by proving their case with sufficient evidence and within the limitation period.
The plaintiff succeeded by proving their case with sufficient evidence and within the limitation period.
Supporting Evidence
By producing Exts.A1 to A10 and by deposing in tune with the plaint averments in the affidavit, the plaintiff has succeeded in proving her case.
Judgment Evidence:
In the result, suit is decreed as follows:- The plaintiff is entitled to realise an amount of Rs.1,82,997/- (Rupees One Lakh Eighty Two Thousand Nine Hundred and Ninety Seven Only) together with interest at the rate of 6% per annum from the date of suit till the date of realization.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- IDBI BankLtd
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Jalajakumari
- Party Age
- 61
- Relation
- W/o
- Party Role
- Defendant
- Party Name
- Asha Pournami
- Party Age
- 36
- Relation
- W/o
- Party Role
- Defendant
- Party Name
- Shafeena
- Party Age
- 35
- Relation
- W/o
- Party Role
- Defendant
- Party Name
- S. Saraswathy
- Party Age
- 45
- Relation
- W/o
- Party Role
- Defendant
- Party Name
- Subi. S
- Party Age
- 43
- Relation
- W/o
Plaintiffs Documents
Self Help Group loan application, resolution for taking loan from bank, letter of intent, loan agreement, inter-se agreement, demand promissory, D.P note delivery letter, advocate notice, postal receipts, account ledger report.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Raju.H
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Nil
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff sought recovery of outstanding loan amount.
Evidence:
Hence, the plaintiff is entitled to realise an amount of Rs.1,82,997/-.
Documents & Evidence
Document Type:
Self Help Group Loan application form
Submitted By:
Plaintiff
Relevance:
Supported the loan request.
Reference:
Ext.A1
Document Type:
Resolution for taking loan from Bank
Submitted By:
Plaintiff
Relevance:
Authorized the loan execution.
Reference:
Ext.A2
Document Type:
Letter of intent
Submitted By:
Plaintiff
Relevance:
Formal indication of loan approval.
Reference:
Ext.A3
Document Type:
Articles of loan agreement for Financing Self Help Groups
Submitted By:
Plaintiff
Relevance:
Detailed terms of the loan agreement.
Reference:
Ext.A4
Document Type:
Inter-se Agreement
Submitted By:
Plaintiff
Relevance:
Defined responsibilities among group members.
Reference:
Ext.A5
Document Type:
Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
Document confirming the loan obligation.
Reference:
Ext.A6
Document Type:
D.P. Note delivery letter
Submitted By:
Plaintiff
Relevance:
Confirmed the acknowledgment of the demand note.
Reference:
Ext.A7
Document Type:
Office Copy of Lawyer's Notice
Submitted By:
Plaintiff
Relevance:
Legal communication regarding repayment.
Reference:
Ext.A8
Document Type:
Postal Receipts
Submitted By:
Plaintiff
Relevance:
Evidence of legal notice delivery.
Reference:
Ext.A9
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Details of the outstanding loan amount.
Reference:
Ext.A10
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kollam
State
Kerala
Court Establishment
Munsiff Court Kollam
Common Reasons
Recovery of money
Case Code
Case between IDBI Bank Ltd et al vs Jalajakumari et al regarding realisation of money
Case Code Year
Case between IDBI Bank Ltd et al vs Jalajakumari et al regarding realisation of money