Citation : 2022 Latest Caselaw 5772 AP
Judgement Date : 29 August, 2022
THE HON'BLE Ms. JUSTICE B.S.BHANUMATHI
I.A.No.1 of 2022
In &
Appeal Suit Nos.1602 & 1669 of 2018
COMMON JUDGMENT:
These two appeals are filed under Section 96 of the Code of
Civil Procedure, aggrieved by judgment, dated 16.07.2018, passed
in O.S.No.25 of 2012 on the file of the Court of III Additional
District Judge, Kurnool, at Nandyal.
2. More precisely, A.S.No.1669 of 2018 is filed by the appellant/
plaintiff aggrieved by the judgment partly decreeing the suit for a
sum of Rs.15,00,000/- with proportionate costs; whereas,
A.S.No.1602 of 2018 is filed by the appellant/defendant aggrieved
by the direction to refund the advance amount of Rs.15,00,000/-
within three months from the date of the judgment, i.e.,
16.07.2018.
3. Since both these appeals arise out of the same suit, they are
taken up together.
4. When the appeals are taken up, learned counsel for the
parties represented that the parties have entered into compromise
and that the terms of compromise have been reduced into writing
pursuant to the Memorandum of compromise, dated 25.07.2022.
2
BSB, J
A.S.Nos.1602 & 1669 of 2018
They also filed I.A.No.1 of 2022 under Order 23 Rule 3 CPC in both
the appeals to record the compromise.
5. The terms of compromise read as under:
1. Pursuant to the terms of compromise, the
appellant/defendant has agreed to pay an amount of
Rs.20,00,000/- to the respondent/plaintiff and the
respondent/plaintiff agreed to receive the said amount in full settlement of his claim.
2. The appellant/defendant agreed to pay the amount of Rs.20,00,000/- (Rupees Twenty Lakhs only) to the respondent/plaintiff and he agreed to receive the said amount in the Hon'ble High Court at the time of recording of compromise by way of Demand Draft to be drawn on State Bank of India, Nandyal.
3. The respondent/plaintiff agreed not to claim any relief such as specific performance of agreement of sale etc., against the appellant/defendant.
4. The terms of compromise referred to above form consideration for each other. Even though, the suit is decreed for Rs.15,00,000/- with proportionate costs, the appellant/defendant agreed to pay Rs.20,00,000/- to avoid future litigation and in full settlement.
5. Pursuant to the compromise, dated 25.07.2022, the respondent/plaintiff shall not claim any right/claim pursuant to the decree in O.S.No.25 of 2012, on the file of the Court of III Additional District Judge, Kurnool, at Nandyal.
BSB, J A.S.Nos.1602 & 1669 of 2018
6. In view of the terms of the compromise, both parties agree to dispose of the appeal in terms of compromise.
7. Both parties will bear their own costs."
6. The parties who have entered into compromise are physically
present before this Court today and affirmed the contents of the
Memorandum of compromise, dated 25.07.2022. They are
identified by the respective counsel appearing for the parties. They
have produced copies of documents in proof of their respective
identities.
7. Learned counsel for the parties submitted that the parties
have agreed to withdraw allegations and counter allegations made
against each other and that the appellant/defendant agreed to pay
an amount of Rs.20,00,000/- to the respondent/plaintiff and
therefore, the appeals may be disposed of in terms of the
Memorandum of compromise, dated 25.07.2022.
8. In view of the aforesaid development and in view of the
Memorandum of compromise, dated 25.07.2022, this Court is of the
considered opinion that there is no reason to keep the appeals
pending.
9. A demand draft bearing No.352899, dated 22.08.2022, for a
sum of Rs.20,00,000/- drawn on State Bank of India, Nandyal
BSB, J A.S.Nos.1602 & 1669 of 2018
Branch, in favour of the plaintiff, is handed over to the plaintiff in
open Court today by the defendant.
10. Accordingly, the I.A.No.1 of 2022 is allowed and both the
appeals are disposed of, setting aside the judgment, dated
16.07.2018, passed in O.S.No.25 of 2012 on the file of the Court of
III Additional District Judge, Kurnool, at Nandyal, and the said suit,
O.S.No.25 of 2012, is decreed in terms of the Memorandum of
compromise, dated 25.07.2022, entered into between the parties.
Both parties shall bear their own costs.
Miscellaneous petitions pending, if any, shall stand
closed.
________________ B.S BHANUMATHI, J 29th August, 2022 RAR
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