Case Summary
Canara Bank filed a suit for recovery of Rs.6,03,528.56 from the defendants. The parties entered into a mediation agreement which led to a settlement.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
A total amount of Rs.4,50,000 towards full and final settlement.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The parties entered into a voluntary mediation agreement which is lawful.
The parties entered into a voluntary mediation agreement which is lawful.
Judgment Evidence:
In the result, the suit is decreed as per terms of mediation agreement. The terms of the mediation agreement shall form part of the decree.
Parties Involved
Plaintiffs
Canara Bank (Age not specified years)
Maradu Branch, Kuriyapilly Towers, Near P.S. Hospital, Maradu, Ernakulam District682304
Defendants
M/s Black Bird (Age not specified years)
11/307, Opp. Sreedevi L.P School, Kalathara Junction, Maradu P.O, Ernakulam682320
Sulekha N.T (50 years)
Nest No. 18, Mystic Winds, Krishna Menon Road, Valiyakulam, Udayemperoor, Ernakulam682307
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The suit is decreed as per terms of the mediation agreement.
Evidence:
the suit is decreed as per terms of mediation agreement.