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P Nagaraja vs N Ranjit Kumar
2022 Latest Caselaw 7798 AP

Citation : 2022 Latest Caselaw 7798 AP
Judgement Date : 13 October, 2022

Andhra Pradesh High Court - Amravati
P Nagaraja vs N Ranjit Kumar on 13 October, 2022
           THE HON'BLE Ms. JUSTICE B.S.BHANUMATHI

                         I.A.No.1 of 2022
                               In &
               Appeal Suit Nos.2070 & 2078 of 2018

COMMON JUDGMENT:

     A.S.No.2070      of   2018   is   preferred   aggrieved   by   the

judgment and decree, dated 17.09.2018, passed in O.S.No.220 of

2012 on the file of the Court of IV Additional District Judge,

Tirupati, wherein, the suit filed by the 1st respondent/plaintiff for

recovery of a sum of Rs.12,88,000/- together with interest thereon

at 24% per annum, was partly decreed against the defendants 1 to

5 jointly and severally for Rs.12,44,000/- along with interest at the

rate of 6% per annum on the principal amount of Rs.12,00,000/-.

A.S.No.2078 of 2018 is preferred aggrieved by the

judgment and decree, dated 17.09.2018, passed in O.S.No.213 of

2012 on the file of the Court of IV Additional District Judge,

Tirupati, wherein, the suit filed by the 1st respondent/plaintiff for

recovery of a sum of Rs.13,86,482/- together with interest thereon

at 24% per annum, was partly decreed against the defendants 1 to

5 jointly and severally for Rs.12,84,741/- along with interest at the

rate of 6% per annum on the principal amount of Rs.11,83,000/-.

3. Since the parties (defendants) in both the suits are one and

the same, both these appeals are taken up together for hearing.

BSB, J A.S.Nos.2070 & 2078 of 2018

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 28.07.2021.

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 in I.A.No.1 of 2022 in A.S.Nos.2070

of 2018 & 2078 of 2018 read as under:

Sl.           A.S.No.2070 of 2018                       A.S.No.2078 of 2018
No.
       The appellants/Defendants 3 and 5          The appellants/Defendants 3 and
       have agreed to pay an amount of            5 have agreed to pay an amount
 (1)   Rs.19,00,000/-     (Nineteen     Lakhs     of Rs.16,00,000/- (Sixteen Lakhs
       only)     towards   full    and    final   only) towards full and final
       settlement of suit claim vide              settlement of suit claim vide
       O.S.No.220 of 2012 to the 1st              O.S.No.213 of 2012 to the 1st
       respondent.                                respondent.
       The appellants/ Defendants 3 and 5         The appellants/ Defendants 3 and
       already deposited an amount of             5 already deposited an amount of
       Rs.9,00,242/- to the credit of suit        Rs.9,32,070/- to the credit of suit
       vide challan No.31072263612019 on          vide challan No.31098549842019
 (2)   25.6.2019 as per the directions of         on 28.7.2019 as per the directions
       this Hon'ble Court in I.A.Nos.1, 2 &       of this Hon'ble Court in I.A.Nos.1,
       3 of 2018, dated 01.05.2019. The           2 & 3 of 2018, dated 01.05.2019.
       said amount along with accrued             The said amount along with
       interest    respondent.1/plaintiff    is   accrued interest respondent.1/
       entitled to withdraw.                      plaintiff is entitled to withdraw.
       The appellants/defendants 3 and 5          The appellants/defendants 3 and 5
       issued a demand draft drawn in             issued a demand draft drawn in
 (3)   favour of Respondent No.1/plaintiff        favour      of   Respondent     No.1/
       for an amount of Rs.7,50,000/- and         plaintiff    for    an    amount    of
       the      remaining       balance      of   Rs.4,90,040/- and the remaining
       Rs.2,49,578/- paid in cash to the          balance of Rs.1,77,890/- paid in
       respondent No.1/plaintiff. Thus, the       cash to the respondent No.1/
       total amount of Rs.19,00,000/- is          plaintiff. Thus, the total amount
       paid by the appellants to the              of Rs.16,00,000/- is paid by the
       respondent No.1/plaintiff as full and      appellants to the respondent No.1/
       final settlement.                          plaintiff     as    full   and   final
                                                  settlement.

                                                                                 BSB, J
                                                           A.S.Nos.2070 & 2078 of 2018


       That the respondent No.1/plaintiff         That the respondent No.1/plaintiff
       agreed that he will not claim suit         agreed that he will not claim suit
 (4)   decretal    amount      against     the    decretal amount        against   the
       respondent No.2 to 4 herein since he       respondent No.2 to 4 herein since
       received entire decretal amount            he    received     entire    decretal
       from the appellants.                       amount from the appellants.
       That both the parties agreed that          That both the parties agreed that
       hereinafter they shall not make any        hereinafter they shall not make
 (5)   rival claims under the present             any rival claims under the present
       subject matter in any manner, even         subject matter in any manner,
       if so claimed the same is not binding      even if so claimed the same is not

on either of the parties in view of full binding on either of the parties in and final settlement of decree view of full and final settlement of amount arrived by all the parties. decree amount arrived by all the parties.

6. The appellants/defendants 3 & 5 and the 1st respondent/

plaintiff in both the suits, who have entered into compromise, are

physically present before this Court today and affirmed the contents

of the Memorandum of compromise, dated 28.07.2021. They are

identified by the respective counsels appearing on their behalf.

They have also produced copies of Aadhar Cards 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 they agreed to settle the disputes in

terms of the Memorandum of Compromise, dated 28.07.2021, and

therefore, the appeals may be disposed of in terms of the

Memorandum of compromise, dated 28.07.2021.

BSB, J A.S.Nos.2070 & 2078 of 2018

8. Since the terms of the compromise are beneficial to the non-

contesting respondents/defendants and the 1st respondent/plaintiff

in both the appeals agreed not to proceed against them and the

disputes between the parties have been amicably settled, this Court

is of the considered opinion that there is no reason to keep the

appeals pending and it is deemed fit and proper to record the

compromise entered into by the parties.

9. Accordingly, the I.A.No.1 of 2022 in both the appeals is

allowed. Consequently, both the appeals are allowed, setting aside

the judgments and decrees, dated 17.09.2018, passed in

O.S.Nos.220 of 2012 & 213 of 2012 on the file of the Court of IV

Additional District Judge, Tirupati, and the said suits are decreed in

terms of the Memorandum of compromise, dated 28.07.2021,

entered into between the parties.

Both parties shall bear their own costs.

Miscellaneous petitions pending, if any, shall stand closed.

________________ B.S BHANUMATHI, J 13th October, 2022 RAR

 
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