Case Summary
Shabandri Real Estate Pvt. Ltd, represented by its Executive Director Muhammed Yunus Shabandri, filed a suit for realization of money against I.P.Sabeesh. The matter was settled out of court with a joint statement filed by both parties.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendant is directed to pay ₹66,53,756 in equal monthly installments.
Case Type
Commercial Suit
Final Judgment
No
The suit was decreed directing the defendant to pay an amount of ₹66,53,756 in installments. The joint statement is accepted and will form part of the decree.
Why Plaintiff Won:
The court found the settlement terms lawful and beneficial to the parties.
The court found the settlement terms lawful and beneficial to the parties.
Losing Side's Weaknesses:
The court found the settlement terms lawful and beneficial to the parties.
The court found the settlement terms lawful and beneficial to the parties.
Supporting Evidence
I have gone through the terms of settlement and I am satisfied that it is lawful and for the benefit of the parties.
Judgment Evidence:
Hence, the joint statement is accepted and the suit is decreed as follows: (a) Defendant is directed to pay an amount of 66,53,756/-...
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Shabandri Real Estate Pvt. Ltd
- Party Role
- Defendant
- Party Name
- I.P.Sabeesh
- Party Age
- 52
- Relation
- S/o
Plaintiffs Documents
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri.K.B.Sivaramakrishnan
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Sri.Ann Maria Gimmy
- Appearance Type
- Assisting Counsel
- Party Role
- Defendant
- Advocate Name
- Sri.Anil Kumar R
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Sri.Youseph M
- Appearance Type
- Assisting Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Defendant is directed to pay an amount of 66,53,756/- in equal monthly installments.
Evidence:
Defendant is directed to pay an amount of 66,53,756/- (Rupees sixty six lakhs fifty three thousand seven hundred and fifty six only) in equal monthly installments at the rate of 6,00,000/- (Rupees six lakhs only) on or before 10th of every English Calendar month starting from December 2025.
Documents & Evidence
Case Classification
Case Type
Commercial Suit
Category
Other Civil Cases
District
Kozhikode
State
Kerala
Court Establishment
Commercial Court Kozhikode
Common Reasons
Case Code
Case between Shabandri Real Estate Pvt. Ltd vs I.P.Sabeesh regarding realization of money
Case Code Year
Case between Shabandri Real Estate Pvt. Ltd vs I.P.Sabeesh regarding realization of money
Case Flags
Out-of-Court Settlement