IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE PIUS C.KURIAKOSE THURSDAY, THE 10TH JANUARY 2008 / 20TH POUSHA 1929 AR.No. 39 of 2007() ------------------- PETITIONER ----------------- M/S.OIKOCREDIT ECUMENICAL DEVELOPMENT CO-OPERATIVE SOCIETY UA. AMERSFOORT, NETHERLANDS, REPRESENTED BY MR.LAM BERTUS CALIS, CREDIT RISK MANAGER, AGED 57 YEARS, S/O.MR.LAM BERTUS GIJISBERTUS CALIS, RAKOCZI UT 30, 1072 BUDAPEST, HUNGARY. BY ADV. SRI.GEORGE ABRAHAM RESPONDENTS: ------------- 1. NIRMALGRAM VANITHA DAIRY CENTRAL SOCIETY REPRESENTED BY ITS SECRETARY, BHANUMATHI RAJU, NIRMALGRAM VANITHA DAIRY CENTRAL SOCIETY, KEERAMPARA P.O., KOTHAMANGALAM 686691, KERALA. 2. FR.JOY ARAMBANKUDY, EXECUTIVE DIRECTOR, NIRMALGRAM VANITHA DAIRY CENTRAL SOCIETY, RESIDING AT NIRMALGRAM ASHRAM, BOOTHATHANKETTU P.O., KOTHAMANGALAM. 3. ANNAMMA JACOB, PRESIDENT, NIRMALGRAM VANITHA DAIRY CENTRAL SOCIETY, RESIDING AT MARACHERY PUTHAYATHIL HOUSE, NAMBOORIKOUP, OONNUKAL P.O., VIA.KOTHAMANGALAM. 4. JOSE EUGIN JOSEPH, S/O.JOSEPH, CHIRAYIL HOUSE, KIZHAKKUMBHAGAM, ETTUMANOOR P.O., KOTTAYAM DISTRICT. R1 TO R3 BY ADV. SRI.J.JULIAN XAVIER SRI.FIROZ K.ROBIN THIS ARBITRATION REQUEST HAVING COME UP FOR ADMISSION ON 10/01/2008, THE COURT ON THE SAME DAY PASSED THE FOLLOWING: PIUS C. KURIAKOSE,J. - - - - - - - - - - - - - - - - - - - - - - - - - A.R.No.39 of 2007 - - - - - - - - - - - - - - - - - - - - - - - - - Dated: 10th January, 2008 ORDER Mr.Julian Xavier, counsel for respondents 1 and 3 submits that a sum of Rs.50 lakhs will be remitted by 30th of this month. According to him, in a phased manner the entire amounts due to the petitioner will be paid off. Considering the above payment and the submission of Mr.Julian Xavier that in a phased manner the entire liability will be paid off, this A.R. will remain closed leaving open the applicant's right to approach this court again, if necessary. srd PIUS C.KURIAKOSE, JUDGE