Judicial Analysis Court Copy Headnote Facts Arguments Court observation

2026 Supreme(Online)(Ker) 11495

IN THE HIGH COURT OF KERALA AT ERNAKULAM
S.MANU, J
SHRIRAM FINANCE LIMITED – Appellant
Versus
RAJESHKUMAR P A – Respondent
AR NO.110 OF 2025

Advocates:
For the Appellants/Petitioners: SMT.REKHA NAIR, SMT.APARNA M. NAIR, SMT.ANJANA A., SMT.ACHSAH ANN PRINSON
For the Respondents: SHRI.MUHAMED JUNAID, SRI.P.A.ABHILASH, SHRI.BOBBY K.PAUL

Court validated the mediation settlement regarding financial disputes, emphasizing enforceability upon both parties' consent.

Headnote:Statute Analysis: The judgment pertains to the resolution of disputes arising out of mediation under arbitration laws, specifically noting terms of settlement between parties. Facts of the Case: The petitioner, Shriram Finance Limited, reached an agreement with respondents over a debt of Rs. 6,10,000, to be paid in installments.

Findings of Court:
The court acknowledged the parties' mediation agreement and ordered the case closed.

Issues: The primary issue was whether the agreement constituted a valid settlement; the court confirmed that all aspects of the mediation were duly addressed.

Ratio Decidendi: The court reasoned that since both parties consented to the terms, their mediation settlement was valid and enforceable.

Result: The arbitration request is closed.

O R D E R

It is submitted by both sides that the dispute has been settled in mediation. Memorandum of settlement has been incorporated. Following are the terms stated in the memorandum of settlement.

“1. Both parties have agreed to settle their disputes towards full and final settlement for an amount of Rs.6,10,000/-(Rupees Six lakhs ten thousand only). Respondents shall pay the said amount to the petitioner on or before 30/06/2026 starting from January for a period of six months. Respondents shall pay an amount of Rs.25,000/- (Rupees Twenty five thousand only) on or before 31/01/2026 as the first installment.

2. Petitioner shall release the vehicle after the full payment.

3. In case of default the petitioner shall proceed with the matter in accordance with law. Petitioner shall issue NOC to the respondents and Form 35.

4. Petitioner shall withdraw all pending cases pending before District Court, Munsiff's Court and Commercial Court.

5. Petitioner shall not claim any further claims in future against the Loan A/c.No.TPTRAT906200001 bearing Reg.No.KL33H 7081

6. Respondents shall pay the above said amount to Loan A/c.No.TPTRAT906200001 or through Bank. Details of the Bank – Shriram Finance Ltd, Bank Axis Bank, IFSC – UTIBOCCH274, A/c.No.3333TPTRAT906200001”

Taking note of the above settlement, the arbitration request is closed.

Sd/-

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2026 Supreme(Online)(Ker) 11495

IN THE HIGH COURT OF KERALA AT ERNAKULAMS.MANU, JSHRIRAM FINANCE LIMITED – AppellantVersusRAJESHKUMAR P A – RespondentAR NO.110 OF 2025

Court validated the mediation settlement regarding financial disputes, emphasizing enforceability upon both parties' consent.

IN THE HIGH COURT OF KERALA AT ERNAKULAM
S.MANU, J
SHRIRAM FINANCE LIMITED – Appellant
Versus
RAJESHKUMAR P A – Respondent
AR NO.110 OF 2025