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2026 Supreme(Online)(Ker) 14207

IN THE HIGH COURT OF KERALA AT ERNAKULAM
BASANT BALAJI, J
JOHNCY PHILIPPOSE – Appellant
Versus
PALA URBAN CO-OPERATIVE BANK LTD. – Respondent
OP (DRT) NO. 84 OF 2021



Advocates:
For the Appellants/Petitioners: C.HARINDRAMOHAN NAIR
For the Respondents: P.C.HARIDAS

Settlement between parties results in closure of the case without further adjudication.

Headnote:The judgment pertains to OP (DRT) NO. 84 OF 2021 before the High Court involving issues settled between the parties, specifically regarding an order from the Debt Recovery Tribunal concerning a securitization application. The court found that 'nothing survives' for adjudication as the matter is settled, thus concluding the proceedings. The order by the court specifies the closure of the appeal based on the respondents' counsel's submissions.

JUDGMENT

(Dated this the 24th day of February, 2026)

The learned Counsel for the respondent submits that, the matter is settled and therefore, nothing survives.

Accordingly, this O.P.(DRT) stands closed.

Sd/-

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