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
Defendants directed to pay plaintiff ₹4,61,719.46 with 6% interest per annum. Plaintiff entitled to costs of the suit.
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.
Losing Side's Weaknesses:
Plaintiff's evidence was uncontested and established the amount owed by defendants.
Plaintiff's evidence was uncontested and established the amount owed by defendants.
Supporting Evidence
Judgment Evidence:
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- I.D.B.I Bank Ltd.
- Party Age
- 54
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- M/s. Stark Trading Company
- Party Role
- Defendant
- Party Name
- Udaya Menon
- Party Age
- 65
- Relation
- W/o
- Party Role
- Defendant
- Party Name
- Laxmi Bharadwaj
- Party Age
- 37
- Relation
- W/o
Plaintiffs Documents
Letter of intent, Hypothecation cum loan agreement, Demand Promissory note, Common Guarantee Deed, True copy of legal notice, Returned postal envelope, Computer print out of interest report for accounts
Defendants Documents
Nil
Advocates
- Party Role
- Plaintiff
- Advocate Name
- John Varghese
- Appearance Type
- Main Counsel
- 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
- Party Role
- Plaintiff
- Advocate Name
- Balu G
- Appearance Type
- Assisting Counsel
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:
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Ernakulam
State
Kerala
Court Establishment
Munsiff Court, Ernakulam
Common Reasons
Case Code
Case between I.D.B.I Bank Ltd. et al vs M/s. Stark Trading Company et al regarding realisation of money
Case Code Year
Case between I.D.B.I Bank Ltd. et al vs M/s. Stark Trading Company et al regarding realisation of money