BEFORE THE LOK ADALAT ORGANIZED BY THE KERALA HIGH COURT LEGAL SERVICES COMMITTEE PRESENT: THE HONOURABLE MR. JUSTICE T.K.CHANDRASEKHARADAS (RETD. JUDGE, HIGH COURT OF KERALA) & SRI K. J.THOMAS STANLEY(RETD.DISTRICT JUDGE) THURSDAY, THE 18TH DECEMBER 2008 / 27TH AGRAHAYANA 1930 RFA.No. 605 of 2008() --------------------- O.S.No.123/03 of PRL. SUB COURT, KOTTAYAM ................ APPELLANT/DEFENDANT: ---------------------------- E.K.TOMY, S/O.KORAH, ELAMTHOTTATHIL HOUSE, KODUMANDANKULATHU, KARIKKATTOOR KARA, MANIMALA VILLAGE, KANJIRAPPALLY TALUK, KOTTAYAM DISTRICT. BY ADV. SRI.LIJI.J.VADAKEDOM RESPONDENT/PLAINTIFF: ---------------------------- THE FEDERAL BANK LTD., A BANKING COMPANY INCORPORATED UNDER THE COMPANIES ACT, 1956 HAVING ITS REGISTERED OFFICE AT ALWAYE HAVING A BRANCH AT MANNAMARUTHY AMONG OTHER PLACES. ADV. SRI.MOHAN JACOB GEORGE SMT.P.V.PARVATHI SMT.REENA THOMAS SRI.L.RAM MOHAN THIS REGULAR FIRST APPEAL HAVING COME UP FOR DETERMINATION AT THE LOK ADALAT ON 18/12/2008, AND THE PARTIES HAVING SETTLED THE MATTER, THE FOLLOWING AWARD IS PASSED IN TERMS OF SETTLEMENT: JUSTICE T.K.CHANDRASEKHARA DAS (RETD. JUDGE, HIGH COURT OF KERALA) AND SRI.K.J.THOMAS STANLEY (RETD. DISTRICT JUDGE) ================================== R.F.A.No.605 of 2008 =================================== Dated this the 18th day of December, 2008 AWARD We have discussed the matter with the parties and their counsel. They have settled the matter. As per the settlement, the appellant is liable to pay an amount of Rs.2.6 lakhs to the respondent by 31st March, 2009, in full and final settlement of the dispute between the parties, failing which the appellant will be liable to pay an amount of Rs.3.11 lakhs with interest at the rate of 15.25% with monthly rest from today. The entire amount of court fee will be refunded to the appellant. Award is passed as per the above terms. T.K.CHANDRASEKHARA DAS (RETD. JUDGE, HIGH COURT OF KERALA) K.J.THOMAS STANLEY (RETD. DISTRICT JUDGE) dvs