IDBI BankLtd.,H.OfficeIDBITower, Mumbai,Br.Honnavar nowclosed,mergedKarwar,Rep.Sendhamizh Selvan vs M/s. S.S. Traders, Prop. Shabana Saleem Shaikh — 18/2024
Case under Code of Civil Procedure Section U/o.VIIrule1,R/w.Sec.12. Disposed: Uncontested--PARTLY DECREED on 06th March 2026.
Com.O.S. - COMMERCIAL ORIGINAL SUIT
CNR: KAUK010011572024
Filing Number
18/2024
Filing Date
06-08-2024
Registration No
18/2024
Registration Date
07-08-2024
Court
PRL. DISTRICT AND SESSIONS JUDGE, KARWAR
Judge
519-PRL. DISTRICT SESSIONS JUDGE, COURT U.K, KARWAR
Decision Date
06th March 2026
Nature of Disposal
Uncontested--PARTLY DECREED
Acts & Sections
Petitioner(s)
IDBI BankLtd.,H.OfficeIDBITower, Mumbai,Br.Honnavar nowclosed,mergedKarwar,Rep.Sendhamizh Selvan
Adv. PARAMESHWAR SHRIKRISHNA BHAT
Respondent(s)
M/s. S.S. Traders, Prop. Shabana Saleem Shaikh
Hearing History
Judge: 519-PRL. DISTRICT SESSIONS JUDGE, COURT U.K, KARWAR
Disposed
JUDGEMENT
EVIDENCE
EVIDENCE
EVIDENCE
| Date | Purpose |
|---|---|
| 06-03-2026 | Disposed |
| 27-02-2026 | JUDGEMENT |
| 26-02-2026 | EVIDENCE |
| 12-02-2026 | EVIDENCE |
| 27-01-2026 | EVIDENCE |
Final Orders / Judgements
Summary The court partially decreed IDBI Bank's suit for recovery of Rs. 3,29,505/- against S.S. Traders. The judge found that the defendant validly availed a cash credit loan of Rs. 3,00,000/- in August 2019 and defaulted on repayment, but reduced the claimed interest rate from 11.30% to 9% per annum, deeming the higher rate exorbitant. The defendant, who failed to appear in court, was held liable to repay the outstanding amount with 9% interest from the date of suit. This case analysis is maintained by casestatus.in based on publicly available court records.
Interim Orders
Summary The court partially decreed IDBI Bank's suit for recovery of Rs. 3,29,505/- against S.S. Traders. The judge found that the defendant validly availed a cash credit loan of Rs. 3,00,000/- in August 2019 and defaulted on repayment, but reduced the claimed interest rate from 11.30% to 9% per annum, deeming the higher rate exorbitant. The defendant, who failed to appear in court, was held liable to repay the outstanding amount with 9% interest from the date of suit. This case analysis is maintained by casestatus.in based on publicly available court records.
Browse Related Cases
Explore other courts