BEFORE THE LOK ADALAT ORGANISED BY THE KERALA HIGH COURT LEGAL SERVICES COMMITTEE PRESENT : THE HONOURABLE MR. JUSTICE P.K.SHAMSUDDIN (RETD. JUDGE) & SRI.K.J.THOMAS STANLEY (RETD. ADDITIONAL DISTRICT JUDGE) THURSDAY, THE 18TH OCTOBER 2007 / 26TH ASWINA 1929 AS.No. 104 of 1995(C) --------------------- OS.282/1986 of I ADDL.SUB COURT,THIRUVANANTHAPURAM .................... APPELLANT/PLAINTIFF: ----------- THE KARUR VYSYA BANK LTD., REG. OFFICE AT ERODE ROAD, REPRESENTED BY ITS BRANCH MANAGER, TRIVANDRUM. BY ADV. SRI.ROY CHACKO RESPONDENTS/EFENDANTS 1 TO 7: ---------------- 1. M/S.KARTHIK CHIT FUNDS, AUNDAL BUILDINGS, THYCAUD, TRIVANDRUM REPRESENTED BY ITS MANAGING PARTNER. 2. M.S.R. SUKUMARAN, MANAGING PARTNER, -DO- 3. P.S.MUTHULU, T.C.22/441, BEHIND NEW THEATRE, THAMPANNUR, TRIVANDRUM. 4. S.MANOHARI, KARTHIK CHIT FUNDS, AUNDAL BUILDINGS, THYCAUD, TRIVANDRUM. 5. S.SURAYAKALA, GURUNATH BHAVAN, PADMA NAGAR, FORT, TRIVANDRUM. 6. BABY SREE, M/S.VEERALEKSHMANA STORES, NEYYATTINKARA. 7. B.N.RAJAN (NOW MAJOR) SON OF M.S.R.SUKUMARAN, AUNDAL BUILDINGS, THYCAUD, TRIVANDRUM. BY ADV. SRI. GEORGE FOR RI SRI.G.S.RAGHU NATH R2 AND R4. SRI.M.RAMASWAMY SRI.R.S.KALKURA SRI.MOHAN JACOB THIS APPEAL SUITS HAVING COME UP FOR DETERMINATION AT LOK ADALAT AND THE PARTIES HAVING SETTLED THE MATTER, THE FOLLOWING AWARD IS PASSED IN TERMS OF SETTLEMENT JUSTICE P.K.SHAMSUDDIN (RETIRED JUDGE, HIGH COURT OF KERALA) & SRI.K.J.THOMAS STANLEY (RETIRED ADDITIONAL DISTRICT JUDGE) --------------------------- A.S.No.104 OF 1995 -------------------------- Dated this the 18th day of October, 2007 A W A R D Learned counsel for the appellant submitted that on the basis of the discussion and understanding arrived at between the parties, the appellant received a sum of Rs.1,85,000/- (Rs.One lakh eighty five thousand only) towards full and final settlement of all dues including interest due payable by Karthik Chit Fund. In the circumstances he also submitted he is not pressing the appeal and order may be passed to direct refund of the court fee paid. Accordingly, the appeal is disposed of as settled between the parties. Court fee paid for memorandum of appeal will be refunded to the appellant. JUSTICE P.K.SHAMSUDDIN (RETIRED JUDGE, HIGH COURT OF KERALA) SRI.K.J.THOMAS STANLEY (RETIRED ADDITIONAL DISTRICT JUDGE) ps