BEFORE THE LOK ADALAT ORGANIZED BY THE KERALA HIGH COURT LEGAL SERVICES COMMITTEE PRESENT: SRI.D.SREEVALLABHAN( DISTRICT JUDGE) & SRI.P.G.AJITHKUMAR(SUB JUDGE) FRIDAY, THE 13TH FEBRUARY 2009 / 24TH MAGHA 1930 Bail Appl..No. 7884 of 2008() ----------------------------- (CRIME NO.647/2008 OF TRICHUR TOWN EAST POLICE STATION) ----------------- APPLICANT/ACCUSED: ----------------------- K.K.PRADEEP, AGED 48 YEARS, PROPRIETOR TIALTO STOCKS AND SHARES, 25/1423 KRISHNA BUILDING, KURUPPAN ROAD, TRICHUR DISTRICT. BY MR.P.VIJAYA BHANU,ADVOCATE MR.VIPIN NARAYAN,ADVOCATE RESPONDENT/ COMPLAINANT: --------------------------------- STATE OF KERALA, REP. BY THE PUBLIC PROSECUTOR, HIGH COURT OF KERALA, ERNAKULAM, REPRESENTING THE S.I. OF POLICE, TRICHUR, TOWN EAST POLICE STATION. PUBLIC PROSECUTOR MR.S.DILEEP THIS BAIL APPLICATION HAVING COME UP FOR DETERMINATION AT THE LOK ADALAT ON 13/02/2009, AND THE PARTIES HAVING SETTLED THE MATTER, THE FOLLOWING AWARD IS PASSED IN TERMS OF SETTLEMENT: SRI.D.SREEVALLABHAN (DISTRICT JUDGE) AND SRI.P.G.AJITHKUMAR (SUB JUDGE) ============================== B.A.No.7884 of 2008 ============================== Dated this the 13th day of February, 2009 AWARD Applicant Sri.K.K.Pradeep and defacto complainant Sri.N.S.Sathiavan and applicant's counsel are present. Public Prosecutor is also present. Both sides agreed to settle the dispute on the following terms. Applicant shall pay an amount of Rs.4,00,000/-(Rupees four lakh only) in two equal installments and the first installment is payable on 15.5.2009 and the subsequent installment is payable on 15.6.2009. In the event of failing to pay the first installment, the defacto complainant is entitled to recover the entire amount together with interest at the rate of 12% per annum form this day till realisation from the applicant and his assets. Complaint filed by the defacto complainant on the basis of the cheque issued by the applicant to the defacto complainant for an amount of Rs.81,531/- towards the part payment of the amount in dispute will be withdrawn on receipt of the entire amount as per the terms of settlement. The dispute is settled. The case is returned to the Court. D.SREEVALLABHAN (DISTRICT JUDGE) P.G.AJITHKUMAR (SUB JUDGE) dvs