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Company settlement: four payments of 5000 kroons

Editorial summary

The court approved a settlement between the association and OÜ Veroset for 20000 kroons in four payments and terminated proceedings. Half the court fee was ordered refunded to the association.

Order approving a settlement · Viru Maakohus · First instance

Narva linn, A. Puškini tn 15 korteriühistu · 80128553

OÜ Veroset · 10925928

Apartment association bills, payments and debtsDebt claimsLate-payment interest and consequences of delayInstalments and payment schedules
Participants and roles
  • Claimant — Narva linn, A. Puškini tn 15 korteriühistu
  • Defendant — OÜ Veroset

The dispute and the court’s decision

Narva linn, A. Puškini tn 15 korteriühistu, named in the source as KORTERIÜHISTU PUŠKINI 15, sued OÜ Veroset for debt and interest. At the hearing, the parties settled: the company undertook to pay 20000 kroons towards the debt existing on 31 December 2009. Payment was arranged over four months at 5000 kroons by the 25th of each month, with the first due on 25 June 2010. The agreed terms set no separate additional interest sum. The court found the agreement lawful and capable of performance, approved it and terminated proceedings. Each side bears its other costs; half the court fee, 3000 kroons, was ordered refunded to the association. The appeal deadline was shortened to two days from service. Performance and entry into force have not been reverified.

Outcome of this decision

The court approved OÜ Veroset’s undertaking to pay 20000 kroons in four monthly payments of 5000 kroons and terminated proceedings. A 3000-kroon fee refund was ordered for the association.

Entry into force has not been reverified