SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
Listen Audio Icon Pause Audio Icon
judgment-img

2024 Supreme(Ker) 1453

Kuriakose – Appellant
Versus
Johnson – Respondent


Advocates:
Advocate Appeared:
For the Revision Petitioner:- T.N.Manoj, Advocate.
For the Respondent:Halvi Kottappally Sudhakaran, Advocate.

ORDER :

V.G. Arun, J.

The revision petitioner is the second judgment debtor in E.P No.1670 of 2018 in O.S.No.300 of 2016 of the Additional Munsiff's Court, Irinjalakuda. The suit for return of money filed by the respondent against the revision petitioner and another was settled through mediation and a compromise decree passed. As per the terms of the compromise, the first judgment debtor was to pay an amount of Rs. 26,50,000/- to the decree holder on or before 31.08.2016 and the second judgment debtor/revision petitioner was to pay Rs. 52,00,000/- with interest at the rate of 18% from 30.05.2015, plus an additional sum of Rs. 10,00,000/-. The amount due under the decree was charged over the immovable properties of the revision petitioner.

2. As the revision petitioner failed to discharge the decree debt, the respondent filed E.P.No.4363 of 2017, seeking to realise the amount from the immovable properties of the revision petitioner. Thereupon, it came to light that there was already a charge over the properties at the behest of the Punjab National Bank. Therefore, that execution petition could not be proceeded with and was dismissed. The respondent thereupon filed E.P.No.1670 of 2018 s

    Click Here to Read the rest of this document
    1
    2
    3
    4
    5
    6
    7
    8
    9
    10
    11
    SupremeToday Portrait Ad
    supreme today icon
    logo-black

    An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

    Please visit our Training & Support
    Center or Contact Us for assistance

    qr

    Scan Me!

    India’s Legal research and Law Firm App, Download now!

    For Daily Legal Updates, Join us on :

    whatsapp-icon telegram-icon
    whatsapp-icon Back to top