BEFORE THE LOK ADALAT ORGANISED BY THE HIGH COURT LEGAL SERVICES COMMITTEE AT ERNAKULAM PRESENT : SRI.P.G.THAMPI (SR.ADVOCATE) & SMT.K.SREELATHA DEVI (RETD. DIST.JUDGE) TUESDAY, THE 18TH MAY 2010 / 28TH VAISAKHA 1932 AS.No. 664 of 1996() ------------------ OS.287/1991 of SUB COURT,KOTTARAKKARA .................... APPELLANT: --------- M/S. REHABILITATION PLANTATIONS LIMITED, PUNALUR, REPRESENTED BY THE COMPANY SECRETARY, KOLLAM DISTRICT. BY ADV. SRI.M.C.JOHN RESPONDENT(S): ------------ 1. LATEX CORPORATION, CHEMMARAM NADUVATH P.O., VIA WANDOOR, MALAPPURAM DISTRICT, REPRESENTED BY ITS MANAGING PARTNER K.A. RAUF, RESIDING AT SHELTER, 4/678, JAYANTHI NAGAR COLONY, 'P.T.USHA' ROAD, KOZHIKODE. 2. K.A. RAUF RESIDING AT 'SHELTER', 4/678, JAYANTHI NAGAR COLONY, 'P.T.USHA' ROAD, KOZHIKODE. ADV. SRI.ARIKKAT VIJAYAN MENON THIS APPEAL SUITS HAVING COME UP FOR DETERMINATION BEFORE THE LOK ADALAT ON 18/05/2010, ALONG WITH AS NO.453 OF 1999. THE ADALAT ON THE SAME DAY DELIVERED THE FOLLOWING: SRI.P.G.THAMPI (SENIOR ADVOCATE, HIGH COURT OF KERALA) AND SMT.K.SREELATHA DEVI (RETD. DISTRICT JUDGE) - - - - - - - - - - - - - - - - - - - - - - A.S. NO.664 OF 1996 - - - - - - - - - - - - - - - - - - - - - - DATED THIS THE 18TH DAY OF MAy, 2010 A W A R D Both parties are present. The matter has been settled between the parties on condition that the respondents shall pay an amount of Rs.2,15,600/- (Rupees Two lakhs fifteen thousand and six hundred only) in five equal monthly instalments of Rs.45,000/- (Rupees Forty five thousand only) each. On payment of the 4th instalment, the balance amount will be paid as the 5th instalment. The Ist instalment is to be paid on Ist June 2010. It is further agreed that if any of the instalments is defaulted in contrary to this agreement, the appellant will be entitled to recover the remaining amount with interest at the rate of 12% per annum from the date of default. The entire Court fee paid on this appeal will be refunded to the counsel for the appellant. Sd/- P.G.THAMPI (SENIOR ADVOCATE) Sd/- K.SREELATHA DEVI (RETD. DISTRICT JUDGE) ss/.