Case Summary
IDBI Bank filed a suit against the members of a non-registered Women Self Help Group for recovery of a loan amounting to Rs. 1,82,997. The defendants failed to repay the loan despite multiple notices from the bank.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Amount of Rs.1,82,997 together with interest at 6% per annum from the date of suit till the date of realization from the defendants and their assets with costs.
Case Type
Civil Suit
Final Judgment
No
The suit was decreed in favor of IDBI Bank for the recovery of the outstanding loan amount along with interest. The defendants, who did not appear in court, are held liable for the repayment.
Why Plaintiff Won:
Plaintiff successfully proved their case with relevant documents and evidence showing the defendants' liability.
Plaintiff successfully proved their case with relevant documents and evidence showing the defendants' liability.
Losing Side's Weaknesses:
Not available
Not available
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. Moreover, there is no evidence to rebut the evidence adduced on the side of the plaintiff.
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 from the D1 to D6 , D8 to D10 and their assets, with costs.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- IDBI BankLtd
- 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 form, Resolution for taking loan from Bank, Letter of intent, Loan agreement, Inter-Se Agreement, Demand promissory, D.P note delivery letter, Advocate notice, Postal notice, 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:
The plaintiff is entitled to recover an amount of Rs.1,82,997 along with interest.
Evidence:
Hence, the plaintiff is entitled to the relief as prayed for.
Documents & Evidence
Document Type:
Self Help Group Loan application form
Submitted By:
Plaintiff
Relevance:
This document was used to support the loan application made by the defendants.
Reference:
Ext.A1
Document Type:
Resolution for taking loan from Bank
Submitted By:
Plaintiff
Relevance:
This resolution authorized the defendants to apply for the loan.
Reference:
Ext.A2
Document Type:
Letter of intent
Submitted By:
Plaintiff
Relevance:
This letter is related to the approval of the loan applied by the defendants.
Reference:
Ext.A3
Document Type:
Loan Agreement
Submitted By:
Plaintiff
Relevance:
This agreement details the terms for the loan provided to the defendants.
Reference:
Ext.A4
Document Type:
Inter-se Agreement
Submitted By:
Plaintiff
Relevance:
This agreement binds all members of the self-help group jointly and severally for the loan.
Reference:
Ext.A5
Document Type:
Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
This document serves as a promise to pay the loan amount.
Reference:
Ext.A6
Document Type:
D.P. Note delivery letter
Submitted By:
Plaintiff
Relevance:
This letter acknowledges the delivery of the demand promissory note.
Reference:
Ext.A7
Document Type:
Lawyer's Notice
Submitted By:
Plaintiff
Relevance:
This notice was issued to the defendants regarding the outstanding loan.
Reference:
Ext.A8
Document Type:
Postal Receipts
Submitted By:
Plaintiff
Relevance:
These receipts confirm the dispatch of legal notices to the defendants.
Reference:
Ext.A9
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
This statement shows the loan account transactions over the specified period.
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 BankLtd vs Jalajakumari et al regarding realisation of money
Case Code Year
Case between IDBI BankLtd vs Jalajakumari et al regarding realisation of money