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.

Case disposed

Com.O.S. - COMMERCIAL ORIGINAL SUIT

CNR: KAUK010011582024

Filing Number

19/2024

Filing Date

06-Aug-2024

Registration No

19/2024

Registration Date

07-Aug-2024

Court

PRL. DISTRICT AND SESSIONS JUDGE, KARWAR

Judge

519-Prl. District Sessions Judge, Court U.k, Karwar

Decision Date

06-Mar-2026

Nature of Disposal

Uncontested--PARTLY DECREED

Last updated 19-Mar-2026

Acts & Sections

Code of Civil Procedure Section U/o.VII,rule1,R/w.Sec.12

Petitioner(s)

  1. 1.IDBI BankLtd.,H.OfficeIDBITower, Mumbai,Br.Honnavar nowclosed,mergedKarwar,Rep.Sendhamizh Selvan

    Adv. PARAMESHWAR SHRIKRISHNA BHAT

Respondent(s)

  1. 1.M/s. Shama Enterprises, Prop. Reshma Shaikh W/o. Arif Rizwan Shaikh

Case History

  1. Case disposedDisposed

  2. 06-Mar-2026

    Judgment

    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.

  3. 06-Mar-2026

    Disposed

    Prl. District Sessions Judge, Court U.k, Karwar

  4. 27-Feb-2026

    Deposition

  5. 27-Feb-2026

    Judgement

    Prl. District Sessions Judge, Court U.k, Karwar

  6. 26-Feb-2026

    Evidence

    Prl. District Sessions Judge, Court U.k, Karwar

  7. 12-Feb-2026

    Evidence

    Prl. District Sessions Judge, Court U.k, Karwar

  8. 27-Jan-2026

    Evidence

    Prl. District Sessions Judge, Court U.k, Karwar

  9. 05-Dec-2025

    Evidence

    Prl. District Sessions Judge, Court U.k, Karwar

  10. 18-Nov-2025

    Evidence

    Prl. District Sessions Judge, Court U.k, Karwar

  11. 03-Sep-2025

    Evidence

    Prl. District Sessions Judge, Court U.k, Karwar

  12. 10-Jul-2025

    Evidence

    Prl. District Sessions Judge, Court U.k, Karwar

  13. 07-Feb-2025

    Evidence

    Prl. District Sessions Judge, Court U.k, Karwar

  14. 07-Nov-2024

    Evidence

    Prl. District Sessions Judge, Court U.k, Karwar

  15. 08-Aug-2024

    First hearing

    Initial hearing scheduled

  16. 06-Aug-2024

    Case filed

    Registration No. 19/2024

casestatus.in Summary

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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