BEFORE THE LOK ADALATH ORGANIZED BY THE KERALA HIGH COURT LEGAL SERVICES COMMITTEE PRESENT : THE HONOURABLE MR. JUSTICE M.R.HARIHARAN NAIR (RETD.JUDGE, HIGH COURT OF KERALA) & THE HONOURABLE MR. JUSTICE R.BHASKARAN (RETD.JUDGE, HIGH COURT OF KERALA) WEDNESDAY, THE 1ST AUGUST 2007 / 10TH SRAVANA 1929 Arb.A.No. 5 of 2006() --------------------- OPARB.143/2003 of VI ADDL.DISTRICT COURT, ERNAKULAM .................... APPELLANT/PETITIONER/RESPONDENT: -------------------------------------------- M/S.SURABHI ENTERPRISES, GALAXY LANE, THAMMANAM, ERNAKULAM, KOCHI-682 304, REPRESENTED BY ITS PROPRIETOR SRI.D.P.PANICKER. BY ADV. SRI.PHILIP MATHEW RESPONDENTS/RESPONDENTS/CLAIMANT AND SOLE ARBITRATOR. ------------------------------------------ 1. KOCHI REFINERIES LIMITED, AMBALAMUGAL.P.O, KOCHI-682 302, REPRESENTED BY ITS CHAIRMAN, AND MANAGING DIRECTOR. 2. SRI.M.K.MANOHARAN, RETD.CHIEF ENGINEER, XL/1045, MULLASSERY, M.G.ROAD, ERNAKULAM, COCHIN-682 011. BY ADV. SRI.A.M.SHAFFIQUE (FOR R1) SRI.E.K.NANDAKUMAR SRI.A.K.JAYASANKAR NAMBIAR THIS ARBITRATION APPEALS HAVING COME UP FOR DETERMINATION AT THE LOK ADALATH AND THE PARTIES HAVING SETTLED THE MATTER, THE FOLLOWING AWARD IS PASSED IN TERMS OF THE SETTLEMENT: JUSTICE M.R.HARIHARAN NAIR (RETD. JUDGE, HIGH COURT OF KERALA) & JUSTICE R.BHASKARAN (RETD. JUDGE, HIGH COURT OF KERAL A) Arb. Appeal No.5 of 2006 --------------------------- Dated this the 1st day of August, 2007 AWARD Appellant and counsel are present. The counsel has placed before us the letter from the respondent dated 23.07.07 intimating that subject to encashment of the draft already sent to the respondent, forwarded by the appellant, the matter stands settled. It is also brought to our notice by the appellant-Sri.D.P.Panicker who is present in person that the encashment of the draft has since been confirmed by the respondent. In view of this, the appeal stands closed as settled. The report aforementioned is recorded. M.R.HARIHARAN NAIR (RETD. JUDGE, HIGH COURT OF KERALA) R.BHASKARAN (RETD. JUDGE, HIGH COURT OF KERALA) jp