(1.) The present Civil Appeals have been filed to challenge the final Judgment and Order dated 01.01.2008 passed by the High Court of Kerala at Ernakulam [hereinafter referred to as "the High Court"] in MFA No. 389 of 2002.
(2.) The factual matrix in which the present Civil Appeals arises is briefly stated as under :
(3.) We have heard the learned Counsel for the parties, and perused the material on record.