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The Cherthala Muttam Service ... vs Seyd Muhammad
2024 Latest Caselaw 32699 Ker

Citation : 2024 Latest Caselaw 32699 Ker
Judgement Date : 12 November, 2024

Kerala High Court

The Cherthala Muttam Service ... vs Seyd Muhammad on 12 November, 2024

W.P(C)No.26173 of 2013 I

2024: KER: 84060
IN THE HIGH COURT OF KERALA AT ERNAKULAM

PRESENT

THE HONOURABLE MR. JUSTICE SY¥AM KUMAR V.M.

TUESDAY, THE 127 pAyY OF NOVEMBER 2024 / 215T KARTHIKA, 1946

WE{C) NO. 26173 OF 2013

PETITIONER

THE CHERTHALA MUTTAM SERVICE CO-OPERATIVE BANK
LTD .NO.1165
REPRESENTED BY ITS SECRETARY, CHERTHALA P.O,

BY ADV SRI.J.OM PRAKASH

RESPONDENTS

SEYD MUAAMMAD
$/O.HASSANKUTTY, SALIM MANSIL, WARD NO.PPT,
PATTANARKKAD F.O., CHERTHALA.

P.M. SHEREETA
W/O.SYED MUHAMMAD, -DO- -DO-

MUBAMMED SALIM
8/O.SEUD MUHAMMAD, -DO- -DoO-

SAHEER
-DO- -BO-

HUSSAIN
=DOo- +bo-


W.P(C)No.26173 of 2013 2

THIS
ON 12.11,
FOLLOWING :

2024: KER: 84080
THE ARBITRATION AND EXECUTION INSPECTOR/SALE
OFFICER (MUTTAM BANK), OFFICE OF THE ASSISTANT

REGISTRAR OF CO-OPERATIVE SOCIETIES (GENERAL) ,
CHERTHALA, PIN - 685 524,

BY ADVS.

MANU V.

G.P.SHINOD

SMT .K.M RESHMI 3R.GP

WRIT PETITION (CIVIL) HAVING COME UF FOR ADMISSION
2024, THE COURT ON THE SAME DAY DELIVERED THE


W.P(CN0,26173 of 2013 3

-- ee es ee ee ee ee
Se

It is submitted by both sides that the parties have
arrived at a mediated settlement and a report has been filed by
the Mediator.

In terms of the settlement arrived at, this writ petition is
closed and the settlement agreement shall form part of the

judgment.

Sd/-

SYAM KUMAR V.M,
JUDGE

Simm


W.P(C)No.26173 of 2013 4

2024 :KER: 94090
APPENDIX OF WE(C} 26173/2013

PETITIONER EXHIBITS

EXHIBIT Pl . A TRUE COPY OF THE LOAN APPLICATION.

EXHIBIT F2Z. A TRUE COPY OF THE TITLE CLEAR
CERTIFICATE ISSUED RY SRI.C.J.VARGHESE,
ADVOCATE .

EXHIBIT FS. A TRUE COPY OF THE AFFIDAVIT OF THE

FIRST RESPONDENT.

EXHIBIT Pd, A TROE COPY OF THE AFFIDAVIT OF THE 2ND
RESPONDENT.

EXHIBIT PS. A TRUE COPY OF THE MORTGAGE DEED DATED
04.09.1997.

EXHIBIT P6é. A TRUE COPY OF THE SECURITY BOND DATED
08.09.2010.

EXHIBIT B7?. A TRUE COPY OF THE AWARD IN ARBITRATION

CASE NO.615/2005 DATED 07.05.2005.

EXHIBIT P&S. A TRUE COPY OF THE PLAINT DATED
31.03.2005,
EXHIBIT FS. A TRUE COPY OF THE WRITTEN STATEMENT OF

RESPONDENTS ONE AND TWO IN FILE
NO.337/2006.

EXHIBIT P10. A TRUE COPY OF THE REPLY STATEMENT OF
THE PETITIONER IN FILE NO.337/2008.

EXBIBIT Pll, A TRUE COPY OF THE REPLY STATEMENT OF
THE PETITIONER IN FILE NO.337/2008.

EXHIBIT Plz. A TRUE COPY OF THE AWARD IN ARC
NO.337/2008 OF THE 6TH RESPONDENT.

EXHIBIT P13. A TRUE COPY OF THE MEMORANDUM OF APPEAL
IN APPEAL NO.53/2011.

EXHIBIT P14. A TRUE COPY OF THE JUDGMENT IN
O.$5.N0.831/2008 DATED 11.02.2011 OF THE
MUNSIFF'S COURT, CHERTHALA.


W.P(C)N0.26173 of 2013

EXHIBIT P15.

A TRUE COPY OF THE JUDGMENT IN APPEAL
NO.53/2011 DATED 27.04.2013 OF THE KERALA
CO-OPERATIVE TRIBUNAL,
THIRUVANANTHAPURAM.


BEFORE THE HONOURABLE HIGH COURT OF KERALA
AT ERNAKULAM
W.PA(C). No.26173 of 2013

The Cherthala Muttam Service : Petitioners
Co-operative Bank Ltd Na.1165

Vs,

Seyd Muhammad and others : Respondents

MEMORANDUM OF SETTLEMENT FILED UNDER SECTION 89 OF THE CODE OF
CIVIL PROCEDURE READ WITH RULES 24 & 25 OF THE CIVIL PROCEDURE
{ALTERNATIVE DISPUTE RESOLUTION), RULES, 2608:

Parties agreed to settle the above case in the follawing terms and conditions:-

1. Respondent No.1 Syed Muhammed expired on 18/09/2016 and a memo filed in the
above case on 30/03/2024 recording the Respondents 2 to 5 as the legal heirs of
deceased Respondent No.1.

2. Both parties agreed to settle the above case for a sum of Rs.1,60,000/-(Rupees one
lakh sixty thousand only} to the petitioner, the Cherthala Service Co-operative Bank
Lid No.1165.

3. Respondents 2 to 5 are paying the above said amount vide Cheque No.10188173 of
Federal Bank Ltd, Thuraveor Branch dated 27/09/2024 for Rs.1,60,000/-(Rupees one

lakh sixty thousand only).
Petitioner Respondents
The Cherthala Muttam Service 1.Seyd Muhammad(Died}

Co-operative Bank Lid No.1165

2.2. M.Shereefa Ae
3.Muhammed sank Sys
PROV JOIS ssareer Shy

5.Hussain' |} apes

--<--_<$_$------



*

1 oa

4. The Petitioner Bank agree to record full satisfaction of the award amount in the above case on receipt of the Cheque amount. On receipt of the amount the Bank hereby agree to release all dacuments deposited or executed by Respondents 1 & 2 including the tide deed of Respondents 1 & 2 to the Respondents 2 to 5 in the above case.

5. On receipt of che amount as above said the Petitioner Bank shall withdraw ali cases

filed against the Respondent.

The 6" respondent is only a formal party and not a signatory to this settlement agreement.

Hence it is humbly prayed that his Hon'ble court may be pleased to accept this

settlement agreement and dispose the above said matter accordingly.

Dated this the 27° day of September, 2024.

Petitioner Respondents

The Cherthala Muttam Service 1.5eyd Muhammad(Died)

Co-operative Bank Ltd No.1165

2.P.M.Shereefa Bn

iy 3.Muhammed sui DS

MiROY Joes

wEPEETARY The dts Sea's 4. Saheer 2,

5.Hussain CHa

Mi lag2sfie dtr be

Counserfor the Petitioner Counsel for the Respondents RXte £5

hen Kyord By ee youu?

fag This settiement apreement is authenticated

FY menhagkagy

as >| 2)

Mediator

 
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