Lorance, v. Swarag Chits (P) Ltd.
Case brief
What is this about?
In this execution petition concerning a decree against the petitioner, the Kerala High Court found no merit in the petition's objections. The Court permitted the petitioner to clear the entire due amount in 10 equal monthly instalments, directing the execution court to close the proceedings upon the first payment, with revival rights reserved for any default.
What did the court decide?
Petitioner permitted to discharge entire due amount in 10 equal monthly instalments; execution proceeding closed upon payment of first instalment with right to revive on default.