IDBI BankLtd.,H.OfficeIDBITower, Mumbai,Br.Honnavar nowclosed,mergedKarwar,Rep.Sendhamizh Selvan vs M/s. Shama Enterprises, Prop. Reshma Shaikh W/o. Arif Rizwan Shaikh — 19/2024
Case under Code of Civil Procedure Section U/o.VII,rule1,R/w.Sec.12. Disposed: Uncontested--PARTLY DECREED on 06th March 2026.
Com.O.S. - COMMERCIAL ORIGINAL SUIT
CNR: KAUK010011582024
Filing Number
19/2024
Filing Date
06-08-2024
Registration No
19/2024
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. Shama Enterprises, Prop. Reshma Shaikh W/o. Arif Rizwan 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
Court Summary The Principal District & Sessions Court, Karwar, partly decreed IDBI Bank's suit for loan recovery against Shama Enterprises. The court confirmed the defendant borrowed Rs. 10,00,000 on June 2, 2020, and owes Rs. 13,07,238.35, but reduced the interest rate from the claimed 11% per annum to 9% per annum from the suit filing date until realization, finding the higher rate exorbitant. This case analysis is maintained by casestatus.in based on publicly available court records.
Interim Orders
Court Summary The Principal District & Sessions Court, Karwar, partly decreed IDBI Bank's suit for loan recovery against Shama Enterprises. The court confirmed the defendant borrowed Rs. 10,00,000 on June 2, 2020, and owes Rs. 13,07,238.35, but reduced the interest rate from the claimed 11% per annum to 9% per annum from the suit filing date until realization, finding the higher rate exorbitant. This case analysis is maintained by casestatus.in based on publicly available court records.
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