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M/S. Herbs N Spices International vs M/S. Krishna & Co
2021 Latest Caselaw 5857 Ker

Citation : 2021 Latest Caselaw 5857 Ker
Judgement Date : 18 February, 2021

Kerala High Court
M/S. Herbs N Spices International vs M/S. Krishna & Co on 18 February, 2021
             IN THE HIGH COURT OF KERALA AT ERNAKULAM

                               PRESENT

             THE HONOURABLE MRS. JUSTICE MARY JOSEPH

    THURSDAY, THE 18TH DAY OF FEBRUARY 2021 / 29TH MAGHA,1942

                        RFA.No.618 OF 2014(B)

  AGAINST THE JUDGMENT IN OS No.26/2012 DATED 30-06-2014 OF SUB
                       JUDGE COURT, KOCHI


APPELLANT/DEFENDANT:

             M/S. HERBS N SPICES INTERNATIONAL,
             EXPORTERS & IMPORTERS,70, KAZI SAYED STREET,105,
             SWASTI HOUSE, MUMBAI-400 003, REPRESENTED BY ITS
             ERSTWHILE PROPRIETOR AND PRESENT PARTNER GIRISH
             SINGH.

             BY ADVS.
             SMT.PRABHA R.MENON
             SRI. BLESSY MOL.P.P.
             SRI.MANOJ R.NAIR
             SMT.SINDHU MANOJ

RESPONDENT/PLAINTIFF:

             M/S. KRISHNA & CO.,
             KRISHNA KUNJ,VIII/1285,PALLIARAKKAVU ROAD,
             KOCHI-682 002,REPRESENTED BY ITS PARTNER
             MR.KRISHNAKUMAR.

             R1 BY ADVS. SRI.K.N.SIVASANKARAN
                        SRI.SUNIL SHANKER

     THIS REGULAR FIRST APPEAL HAVING BEEN FINALLY HEARD          ON
18.02.2021, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
 RFA.No.618/2014(B)                       2




                              JUDGMENT

Dated this the 18th day of February, 2021

The issues involved in O.S No.26 of 2012 pending on the

files of Subordinate Judge's Court, Kochi have been amicably

settled among the parties in a mediation held at the Kerala State

Mediation and Conciliation Centre, functioning at High Court of

Kerala on 05.02.2021. Memorandum of Agreement executed

under Section 89 of the Code of Civil Procedure read with Rule 24

of the Civil Procedure (Alternative Dispute Resolution), Rules

2008 is appended to the appeal on hand.

2. It is found from the terms of the agreement that the

appellant/defendant company represented by its proprietor and

partner Mr.Girish Singh has agreed to pay a total sum of

Rs.39,00,000/-(Rupees thirty nine lakhs) to the

respondent/plaintiff company represented by its partner

Mr.Krishna Kumar in full and final settlement of all their disputes

and in token of the agreement to settle, Rs.10,000/- has been

transferred to the said Krishna Kumar and he acknowledged the

same. The respondent has also acknowledged the receipt of the

balance amount of Rs.38,90,000/-, which has been transferred to

his bank account in IDBI Bank of Kochi, Main Branch by the

appellant/defendant.

3. In the above circumstances, appeal stands allowed.

Decree and judgment in O.S No.26 of 2012, pending on the files of

Subordinate Judge's Court, Kochi stands set aside.

The Memorandum of Agreement shall form part of the

judgment. The court fee shall be refunded to the appellant.

Sd/-

MARY JOSEPH

JUDGE

JJ ER.NAKULAM MEDIAIION CENTRE (HIGH COURT HALL)

EMc/Reg. *"..1// )-4n / / / Dated: tg/ar/>--V From

The Nodal Officer, High Court Mediation Centre.

To

The_ Registrar (Judicial), ' High Court of Kerala, Ernakplam

Sir,

Sub:-Mediation of referred cases-

Reg.

Ref:- Refenal Order in....

dated ilu/*uv..of the Hon,ble High Court of Kerala.

The report of the Mediator in the matter arong with the enclosures is furnished

ff' herewith for information and necessary action.

Yours {aithfull 5blu"'

Ernakulam Mediation Centre

Encl:- 1. Report of the Mediator, Settleme,ilegreement.

2. Copy of referral order dated .k/L/5.r*/...of the High Court of Kerala.

3. Copy of petition.

BEFORE THE HON'BLE HIGH COURT OF KERALA AT ERNAKULAM

RFA No. 618 /2014

M/s Herbs N Spices International : Appellant/Defendant

Vs

M/s Krishna & Co. Respondent / Plaintiff

REPORT SUBMITTED BY THE MEDIATOR Adv. SALLY THoMAs CHACKO

Mediated and the matter is settled .

Terms and conditions of settlement is attached herewith

Dated this the l5th day of Februarv 2021

aatlsalffnomas Chacko

Ernakulam Mediation Centre BEFORE THE HON'BLE HIGH COURT OF KERAIA AT ERNAKULAM

RFA No. 618 of 2OL4 M/s. Herbs N Spices International : Appellant / Defendant Vs.

M/s. Krishna & Co. : Respondent / Plaintiff

Memorandum of Aqreenrent under Section 89 of the Code of Civil Proced the Civil Procedure (Alternative Dispute Resolution), Rules 2008

The above case was sent for mediation vide orders of this hon'ble court. The pafties and counsel were present for severirljoint and individual sessions. The parties have in mediation agreed to settle their disputes as per the following terms:

1. The parties agree that the above RFA No. 6IBl20t4 is filed by the defendant in O.S. 26/2012 on the files of the Subordinate Couft Kochi which was a suit for realisation of money.

2. The pafties now agree to settle their disputes in this mediation. The appellant / defendant company represented by its proprietor and partners Mr. Girish Singh has agreed to pay a total sum of Rs. 39,00,000/- (Rupees thirty nine lakhs) to the respondent / plaintiff company represented by its paftner Mr. Krishna Kumar in full and final settlement of all their disputes. In token of the agreement to settle, the appellant Mr. Girish Singh has transferred Rs. 10,000/- to the respondent Mr. Krishna Kumar who has acknowleciged the same.

3. The respondent / plaintiff, Mr. Krishna Kumar hereby acknowledges receipt of the balance amount of Rs. 38,90,000/- (Rupees thifi eight lakhs ninety thousand) which has been transferred to his bank account No. 00851020000274L4 in IDBI Bank of Kochi Main Branch by the appellant / defendent Mr. Girish Singh vide his bank account No. 02t020L105898 in Canara Bank, Mandvi Branch, Mumbai, today.

**'"ff;lilfflry"* ra

4. The pafties now agree that they have no claims whatsoever against each other in future with regard to the above litigation.

In the circumstances, the parties agree to request this hon'ble court to set aside the judgment and decree in O.S. 2612012 on the file of the Subordinate Judge, Kochi and dispose of the above RFA 618/2014 in terms of this settlement and they pray that it may form part of the judgrnent and decree in RFA 6L812014 and that the full refund of court fee paid in the said appeal maybe refunded.

                                          this                                        of February 2021

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                                                                                                          [email protected],uW-v
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                                             ,\u,:.\ $.cd;112?r                  ,i        ReSoonUeht
     M/s. Herbs N Spices             I                                                     M/s. Krishnan & Co. Kochi by
     Girish Singh                                                                          Krishna Kumar
                                                 : g Ffn
          'philI-                   rrARKHnrfs.iHARMA

                                                                              -- /---'-"
     Cou nsel   for the Appe   I   la n1A.Dl^o 9 tr q Fj P i{l!        nset for the-Respondent
        "r'?T.fi                                                ^ ^cou

                      **{rffil,:rff;t'-{,t:t"                                                   i:*:}f"-
     NOTED & RIC1STERID                     vERI FIcATION
     sr. No. . Str  lZee--

WE, the pafties above named, do hereby solemnly state and declare that what is contained in paragraphs 1 to 4 are true Lo the best of our knowledge, information and belief.

                                   Eated this                                         of Februar.y 2021




                                                                                          M/s. Krishnan & Co. Kochi by
                                                                                          Krishna Kumar
                                                                                                                          >
                                                                                                   for thd{espondent
                                                                                                     S..-, \ S \"-Jn."'
                                                                                                                  I
                                                                                                      t{-auao/o}1
 

 
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