Case Summary
Plaintiff, I.D.B.I Bank Ltd., filed suit against defendants for not repaying a loan amount of ₹4,61,719.46. Defendants failed to file written statement and were set ex parte. Plaintiff's evidence was uncontested.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
Plaintiff's evidence was uncontested and established the amount owed by defendants.
Plaintiff's evidence was uncontested and established the amount owed by defendants.
Judgment Evidence:
Parties Involved
Plaintiffs
I.D.B.I Bank Ltd. (54 years)
IDBI Bank Ltd., Panampilly Nagar, Ernakulam - 682 036
Defendants
M/s. Stark Trading Company (Age not specified years)
Door No. 53/3598/C, 2nd Floor, Pynadath Square, Convent Road, Ponnurunnu, Kochi - 682 019
Udaya Menon (65 years)
1315, Purva Grandbay, Abraham Madamakkal Road, Kochi - 682 035
Laxmi Bharadwaj (37 years)
J-5 Vikas Puri, West Delhi - 110 018
Reliefs
Relief Type:
Money and Loan Recovery
Outcome:
Granted
Description:
Recovery of loan amount with interest
Evidence:
Suit is decreed to recover ₹4,61,719.46 with 6% interest
Documents & Evidence
Document Type:
Letter of intent
Submitted By:
Plaintiff
Relevance:
To establish the agreement terms
Reference:
Ext.A1
Document Type:
Hypothecation cum loan agreement
Submitted By:
Plaintiff
Relevance:
Loan agreement details
Reference:
Ext.A2
Document Type:
Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
Evidencing the loan amount
Reference:
Ext.A3
Document Type:
Common Guarantee Deed
Submitted By:
Plaintiff
Relevance:
Security for loan repayment
Reference:
Ext.A4
Document Type:
True copy of legal notice
Submitted By:
Plaintiff
Relevance:
Notice sent to defendants
Reference:
Ext.A5
Document Type:
Returned Postal envelope
Submitted By:
Plaintiff
Relevance:
Evidence of communication
Reference:
Document Type:
Computer print out of interest report for accounts
Submitted By:
Plaintiff
Relevance:
Financial calculation proof
Reference: