Citation : 2023 Latest Caselaw 1869 Tel
Judgement Date : 4 May, 2023
THE HONOURABLE SRI JUSTICE A.SANTHOSH REDDY
I.A.No.1 OF 2023 IN/AND
A.S.NO.10 OF 2009
COMMON JUDGMENT:
Appellants and respondents are present. Learned counsel
for both parties are present and they are identified by their
respective counsel.
2. This appeal is filed aggrieved by the judgment and decree
dated 17.10.2008 in O.S.No.19 of 2006 passed by the III Additional
District and Sessions Judge (Fast Track Court) at Medak.
3. During the pendency of the appeal, both parties have
filed I.A.No.01 of 2023 under Order XXIII Rule 3 of the Code of Civil
Procedure to record the terms of compromise and dismiss the
appeal by confirming the judgment and decree dated
17.10.2008 in O.S.No.19 of 2006 passed by the III Additional District
and Sessions Judge (FTC) at Medak. They have also filed joint
memorandum of compromise. The same is taken on record.
4. It is stated by both parties in the joint memorandum of
compromise that during the pendency of the above appeal, the I.A.No.1_2023 in/and AS No.10_2009
matter has been settled amicably between the appellants and
respondents on the following terms and conditions:
i) That in pursuance of the understanding between the
parties, the respondents herein paid a sum of Rs.75,00,000/-
which includes Rs.17,28,927/- being the balance sale
consideration as per the agreement of sale dated 09.11.2005
together with interest from the date of agreement which is
agreed by the appellants and the appellants acknowledged the
receipt of above said amount towards full and final settlement of
all their claims and the appellants have no further claims in
respect of suit A and B Schedule properties.
ii) That in view of the receipt of the above amount, the
appellants have agreed to execute a registered sale deed in
favour of the respondents or their nominees in respect of suit
schedule A and B properties and shall deliver the vacant
physical possession within two months from this day and further
agreed to handover the original title deeds and link documents.
iii) The appellants shall not claim any further amounts from
the respondents apart from the amount referred above.
I.A.No.1_2023 in/and AS No.10_2009
iv) The appellants shall cooperate with the respondents in
executing a registered sale deed in favour of the respondents or
their nominees in respect of the suit properties and shall also
cooperate for the mutation of the names of the respondents in
the revenue records by signing such applications affidavits as
required.
v) The parties herein agreed to complete the above process
within a period of two months from today.
vi) The appellants hereby confirm that they, their legal heirs
and any other agents claiming through the appellants herein
shall not have any right, title, interest or claim in the suit
properties.
vii) In view of the above compromise the judgment and
decree dated 17.10.2008 passed in O.S.No.19 of 2006 by the III
Additional District and Sessions Judge (FTC) at Medak will prevail
and shall be binding on all the parties hereto.
viii) The appellants herein shall be defending and contesting
both the suits filed by the third parties i.e. O.S.No.10 of 2020 and
O.S.No.10 of 2022 both are pending on the file of Principal District I.A.No.1_2023 in/and AS No.10_2009
and Sessions Judge and all the expenses arising out of the said
suits shall be borne by the appellants herein.
5. In view of the settlement of the dispute between the
parties amicably outside the Court in terms of the compromise
arrived at between them, I.A.No.01 of 2023 is ordered.
Consequently, the Appeal is dismissed, in terms of the
joint memorandum of compromise, which shall form part of the
record. There shall be no order as to costs.
6. Miscellaneous applications, if any pending, shall stand closed.
___________________________ JUSTICE A.SANTHOSH REDDY Date: 04.05.2023 ns
Note:
C.C. by tomorrow b/o.
ns
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