Citation : 2024 Latest Caselaw 31316 Ker
Judgement Date : 2 November, 2024
2024:KER:§1629 IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONQURABLE MR, JUSTICE AATHISH NINAN & THER HONOURABLE MR. JUSTICE P. V. BALAKRISHNAN SATURDAY, THE 28D paY OF NOVEMBER 2024 / 11TH KARTHIRA, 1946 EX.FA NO, 31 OF 2017 AGAINST THE ORDER DATED 14.07.2017 IN E.A.NO.42/2017 I8 E.P.NO.46/2015 IN O8 NO.78/2013 OF SUB COURT, THIRUVALLA APPELLANT/ PETITIONER: M.BABURAJ §/O, PRABHAKARAN, ELAPPUNKAL HOUSE, PULLADU P.O., KOIPRAM VILLAGE ,THIRUVALLA TALUK. BY ADVS. SRI.PIRAPPANCODE V.S.SUDHIR SRI.JELSON J. EDAMPADAM RESPONDENTS / COUNTER PETITIONER: 1 A.J. KURIAKOSE S/O.JOSEPH, THAKIDIYIL HOUSE, PALLICKACHIRA P.0., PAIPPADU VILLAGE ,CHANGANACHERRY TALUK, KOTTAYAM DISTRICT - 686 537. 2 PRAMOD S/O.GOPALA PILLAI, AMPITHAZHATHETHIL HOUSE , PAIPPADU P.O., PAIPPADU VILLAGE, CHANGANACHERRY TALU K DISTRICT - 686 537, , KOTTAYAM BY ADVS. N.ASHOK KUMAR M.GOPIKRISHNAN NAMBIAR JOSON MANAVALAN KURYAN THOMAS Scanned with ACE Scanner MALLETS 2024: KER:81629 K.N. RADHAKRISHNAN (THIRUVALLA) SHIBU JOSEPH P. VISWANATHAN (SR.) THIS EXECUTION FIRST APPEAL HAVING COME UP FOR ADMISSION ON THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: 02.11.2024, gna MOO OOOO OOOOH: Scanned with ACE Scanner AQ QC is S56oc5 BF ee Sathish Ninan, & P.V.Balakrishnan, J1. amen wwe vee oe wer win mmm om pans ann ree gum oon fae ee OS ~ Se ee ee eee ee spe eee wer wn pan so 0 cr ee sae oe et em OO Get Het wn ee en a ee pan A oe oe a JUDGMENT
Sathish Ninan, J.
The parties have settled their disputes in mediation.
They have entered into a memorandum of agreement incorporating
the terms of settlement. The order impugned in this appeal is
set aside and the appeal is disposed of in terms of the
settlement. The memorandum of agreement will form part of this
judgment.
rsr
Sd/-
Sathish Ninan, Judge
Sd/-
P.V.Balakrishnan, Judge
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2024: KER152025
PETITIONER ANNEXURES
CERTIFIED COPY OF THE JUDGMENT OF THE ADDITIONAL DISTRICT & SESSIONS JUDGE-TV, PATHANAMTHITTA IN CRL.APPEAL NO.29/2621
Annexure RIIT
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Annexure XIV THE ORIGINAL OF THE AGREEMENT DATED O6.011,.2023 EXECUTED BY THR PETITIONER AS THE
IST PARTY, THE 2ND RESPONDENT, PRAMOD AS THE SECOND PARTY AND THE 1ST PESPONDENT A.J. RURIAKOSE AS THE 3RD PARTY.
Annexure XV THE COPY OF THE ENCUMBRANCE CERTIFICATE DOWNLOADED FROM THE OFFICIAL WEBSITE OF THE REGISTRATION DEPARTMENT, PERTAINING TO THE PROPERTY IN QUESTION FOR THE PERIOD FROM 01.01.2014 TO 05.03.2024
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IN THE HONOURABLE HIGH COURT KERALA AT
ERNAKULAM
M.Baburaj : Appellant VS A.j. Kuriakose & Anr. : Respondents
1EMORANDUM OF AGREEMENT UNDER SEC.89 OF THE CODE OF CIVIL SATION ) AD WITH RULE 24 AND 25 OF THE KERALA CIVIL PROCEDURE (MEDIATI LES 2008
Subject matter of the dispute has been amicably settled between the parties on ntervention of mediator under the following terms and conditions.
i.The appellant filed O.S.No.98/2013 before Sub Court, Thiruvaila an obtained Decree for Rs.65,00,000/-(Rupees sixty five lakhs only) against the 1 respondent herein. The appellant agreed to settle the case by accepting Rs.65,00,000/-(Rupees Sixty five lakhs only) from the 1° respondent towards full and final settlement of the Decree in the aforesaid suit. Out of which the 2° respondent herein has already paid Rs.10,00,000/- (Rupees Ten lakhs only) to the appellant on 02-09-2024 for and on behalf of the 15* respondent.
2.The 1* respondent undertakes to pay balance amount of Rs.55 lakhs( Rupees Fifty five lakhs only) to the appellant within 3 months.On such payment within the time agreed, the entire decree liability will stand discharged. Till such time
the aforesaid amount will operate as a charge over the subject matter property,
3.1t is further agreed that in E.PNo.61 of 2015 in O.5.N0.98 of 2013, pending before the Hon'ble Sub Court, Thiruvalla will stand withdrawn as closed on
_ discharging the entire liability by payment of the entire Decree debt as agreed.
Appellant Respondents
LAJ.Kuriak hy --4be ose ; Gassian
2.Pramod --\-- "
i
1.M.Baburaj
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4 Since the second respondent has paid Rs.10,00,000/-(Rupees Ten lakhs oy on behalf of the 1" respondent as mututally agreed, the 1" ane "terest agreed to pay back Rs.10,00,000/-(Rupees ten lakhs only) along wil the 3 at the rate of 12% per annum within a period of 3 months to
respondent.
5.In case of non-payment of the amount by the 1° respondent, within the agreed time, the 1* respondent has further agreed not to make any further claims whatsoever in the subject matter, namely the multi-stored building measureing 2700 Sq.feet vide on land measureing 1 Are 65 sq.meter situated in Block No.113, Re.Survey No.31 of Thiruvalla Village, of the disputes and he will withdraw from the party-array on the basis of the agreement dated 25-11- 2023 executed between the respondents 1 and 2, in which the appellant is not a party.
Gin case of non-payment of the balance amount agreed upon by the 1° respondent, the 2"° respondent has agreed to sell the property with the consent of the appellant and pay the balance due to the appellant on behalf of the 1° respondent . Out of a base/floor sale consideration of the property at Rs.1,60,00,000/-(Rupees one Crores Sixty Lakhs only) that was agreed between the appellant and the 2™ respondent, the appellant is entitled to receive an amount of Rs.55,00,000/-(Rupees Fifty Five lakhs only) lf any excess amount is received, that the said excess amount shall be shared in the ratio of 60:40 between the 2 respondent and the appellant respectively.
7. It is mutually agreed by the respondents that the 2°¢ respondent shai! convey the property mentioned herein before to the first respondent on his making the balance amount of Rs.55,00,000/-(Rupees Fifty five lakhs only} to the appellant and Rs.1,05,00,000/-(Rupees One Crores Five Lakhs only) to second respondent along with interest of Rs.10,00,000/-(Rupees ten lakhs
only) which has been already advanced to the 1* respondent within the Stipulated time as stated para 5 of this agreement,
Appellant Respondents
L.M.Baburaj fon uraj ie LAJ.Kuriakose_ (PW --
. tae Vey 2.Pramod a, ha. ec
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perty.
8. The 2" respondent shall not unilateraly alienate or encumber the pro the
The 2™ respondent can not rent out the building only with consent/knowledge of the appellant.
Q.if any proposed buyer gives any advance amount, the 2™ respondent on receipt of the amount shall transfer such amount to the appellant towards his
lability, if sale not takes place thereafter the appellant shall return the amount
of received.
10 In case the 1 respondent pays the entire agreed amount to the appellant
on or before 1°* December, 2024, time for payment of the amount payable to the 2" respondent shall stand extended for a further period of 3 months and in case of failure of payments as agreed this clause will become inoperative.
11.The Ex.f.4.31/2017 can be disposed of as per the terms of this settlement agreement.
Dated this the 2nd day of September, 2024
Appellant Respondents _ 1.M.Baburaj 1.AJ.Kuriakose bafoor » f nn eae
1) 2.Pramod a Counsel Or appellant Counsel for the 1° & 2nd respondents fa _ 7 eG ;
é hoa Coy ' peg ado Ad 4/8 Jone' -- Uc front] 94 ROMANE GOANT bed Recllrelerithne
This settlement agreement is authenticated by me Ceun fe] * 2 aprde Bal raman (Mediator)
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