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O.S No. 784/2022

Case between IDBI Bank Ltd. vs KUDUMBASREE DIV 21 NHG 24SNEHA et al regarding recovery of money

Court
THE I ADDITIONAL MUNSIFF, ERNAKULAM
Judge
Sri. Padmakumar.G.
Order Date
2024-03-30
Duration
approximately-1 year 7 months

Judgement document from eCourt website

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Case Summary

IDBI Bank Ltd. filed a suit against KUDUMBASREE DIV 21 NHG 24SNEHA and other defendants for failing to repay a loan of Rs.10 Lakhs. The suit seeks recovery of an outstanding amount of Rs.9,92,729/- along with interest.

Judgment Outcome

Plaintiff Won
Interim Order
The suit is decreed directing the defendants jointly and severally to pay an amount of Rs.9,92,729/- along with interest. The plaintiff is entitled to recover the decree amount from the defendants' assets in case of default.
Judgment Favored
Plaintiff
Relief Granted
Defendants jointly and severally to pay Rs.9,92,729/- with 9% interest per annum from the date of suit until the date of decree.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The unchallenged proof affidavit and documents provided by the plaintiff satisfactorily proved the plaint claim.

Judgment Evidence:

In the result, the suit is decreed directing the defendants jointly and severally to pay an amount of Rs.9,92,729/- with 9% interest per annum from the date of suit.

Parties Involved

Plaintiffs

IDBI Bank Ltd. (Age not specified years) IDBI Tower, WTC, Complex, Cuffe Parade, Mumbai – 400 005

Defendants

KUDUMBASREE DIV 21 NHG 24SNEHA (Age not specified years) C/o CDS Kudumbasree, Chellanam Village, Affiliation No. 71/2003, Ernakulam-682008 Usha Jood (47 years years) Thareparambil House, Saudi, Mumdamveli, Ernakulam-682507 Mary Philomina Bency (42 years years) Kochuparambil House, Near Puthanthodu School Kandakkadavu, Puthanthodu, Ernakulam-682008 Helen Manju (35 years years) Punnakkal, Kandakkadvu, Kumbalangy Andikkadavu, Ernakulam-682008 Rose Binshy C.BC (21 years years) Chembakkattu, Kumbalangy, Kandakkadavu Kannamali, Ernakulam-682008

Reliefs

Relief Type: Recovery
Outcome: Granted
Description:
The suit is decreed directing the defendants jointly and severally to pay an amount of Rs.9,92,729/- with 9% interest per annum.
Evidence:
In the result, the suit is decreed directing the defendants jointly and severally to pay an amount of Rs.9,92,729/- (Rupees nine lakhs ninety two thousand seven hundred and twenty nine only) with 9% interest per annum from the date of suit (ie, from 17.08.2022) till the date of decree.

Documents & Evidence

Document Type: Loan Agreement
Submitted By: Plaintiff
Relevance:
Original Loan agreement executed between the plaintiff and defendant.
Reference:
Ext.A1
Document Type: Sanction letter
Submitted By: Plaintiff
Relevance:
Original Sanction letter.
Reference:
Ext.A2
Document Type: Inter-se Agreement
Submitted By: Plaintiff
Relevance:
Original inter-se agreement.
Reference:
Ext.A3
Document Type: Account Statement
Submitted By: Plaintiff
Relevance:
True copy of account statement for the period 16.05.22.
Reference:
Ext.A4
Document Type: Recall Notice
Submitted By: Plaintiff
Relevance:
True copy of the recall notice.
Reference:
Ext.A5

Quick Facts

Location
Ernakulam
Case Filed
Sat, 09/24/2022 - 12:00
Outcome Confidence
100%

Involved Entities

Bank

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