An Original Petition (Civil) filed before the Kerala High Court by Santhosh M.K. (Judgment Debtor No. 1) challenging proceedings arising out of an arbitration award dated 10.10.2009 passed by a Sole Arbitrator in Arbitration Reference No. 108/2009. The decree holder, Muthoot Vehicle and Asset Finance Ltd., had initiated Execution Petition No. 358/2016 before the Additional District Court-I, Kottayam, for enforcement of that award, and a Sale Certificate had been issued on 20.02.2020 in those proceedings. The petitioner approached the High Court under its civil original jurisdiction to contest the execution proceedings.
The petition was taken up for admission on 08.06.2023. Before the Court could examine it on merits, the parties reported that the dispute had been settled in mediation. The Court accordingly held the petition to have become infructuous and dismissed it as such — no adjudication on the merits was rendered.
No legal principle was laid down; the disposal is purely consequential to the mediated settlement between the judgment debtor and the decree holder.