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2025 Supreme(Ker) 2537

IN THE HIGH COURT OF KERALA AT ERNAKULAM
SATHISH NINAN, P. KRISHNA KUMAR
National Collateral Management Service Ltd. – Appellant
Versus
Valiyaparambil Traders – Respondent


Advocates Appeared:
For the Appellants : K. Narayanan, Gilbert George Correya, T. Krishnanunni
For the Respondents: T.S. Athira, M.P. Joseph Tijo, Millu Dandapani, Premchand R. Nair, Priyanka Ravindran, Roshen D. Alexander, Roy Thomas Muvattupuzha, Tanya Joy, S. Vishnu

Table of Content
1. challenge of a money decree by defendants. (Para 1 , 2)
2. defendants argue suit is barred by res judicata and limitation. (Para 3 , 7)
3. trial court holds claim is valid and not barred. (Para 4 , 6)
4. exclusion of time under section 14(1) of limitation act. (Para 10 , 13)
5. court's interpretation of good faith under limitation act. (Para 11 , 12 , 18)
6. plaintiffs failed to prove bonafide prosecution of earlier suit. (Para 15 , 21 , 23)

JUDGMENT :

SATHISH NINAN, J.

1. The decree in a suit for money is under challenge by the defendants.

2. The 1st plaintiff is a registered partnership firm. Plaintiffs 2 and 3 are its partners. The plaintiffs are engaged in trading of spices. The 1st defendant is a company engaged in the business of bulk purchase of hill produces from traders. The 2nd defendant is the Kerala State Head of the 1st defendant company. There were various business transactions between the plaintiffs and the defendants. The transactions were on credit basis. Alleging that the accounts were running irregular, the suit was filed for recovery of money allegedly due to the plaintiffs.

3. The defendants in their written statement, while admitted the business deali

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