Citation : 2021 Latest Caselaw 1338 Tel
Judgement Date : 23 April, 2021
THE HON' BLE SRI JUSTICE CHALLA KODANDA RAM
I.A.No. 1 of 2021
AND
A.S. No. 504 of 2016
JUDGMENT :
I.A.No. 1 of 2021 was taken out to record the terms of
compromise between the parties pursuant to the Memorandum
of Compromise dated 04.03.2021.
The respondent - plaintiff filed O.S.No. 82 of 2012 on the
file of the I Additional District Judge, Mahabubnagar for specific
performance of agreement of sale dated 03.10.2012 and the said
suit was decreed. After filing E.P.No. 283 of 2019 on the file of
the Principal District Judge, Mahabubnagar to execute the
judgment and decree, both the appellant and the respondent
have amicably settled the dispute, whereunder, the respondent
- plaintiff had agreed to accept Rs.12 lacs, which is inclusive of
the advance amount paid under the agreement of sale, in full
and final settlement for not pressing the E.P. and foregoing the
rights to enforce the decree and judgment in the suit. Terms
have been specified under the memorandum of compromise
dated 04.03.2021 filed along with I.A.No. 1 of 2021 dated
05.03.2021.
Both the parties are present before this Court and
confirmed that they had entered into compromise and signed
the memo voluntarily. The respondent also confirmed that in
terms of the compromise, she received the amount. The parties
are identified by their respective counsel.
In those circumstances, I.A.No. 1 of 2021 is allowed and
consequently, the Appeal is disposed of in terms of the
compromise memo dated 04.03.2021.
Miscellaneous petitions, if any pending, shall stand
closed.
____________________________ CHALLA KODANDA RAM, J 23rd April 2021
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