M/S. Sharat Industires Ltd., a Company incorporated v. M/s. Nagarujna Construction Co. Ltd.
Case brief
What is this about?
A.S.Nos.1091 of 2012, 24 & 40 of 2013; Sharat Industries Ltd. v. Nagarjuna Construction Co. Ltd. (NCC Limited); High Court of Andhra Pradesh, Amaravati; common judgment dated 25-04-2025; first appeals under Section 96 CPC against decrees dated 02-04-2012 in O.S.No.21 of 1998 and O.S.No.28 of 1998 (I Addl. District Judge, Nellore); appeals dismissed as not pressed on out-of-court settlement; A.S.No.40 of 2013 dismissed for default; no order as to costs; Section 151 CPC stay petition AS.MP.No.92 of 2013; token damages Rs. 10,00,000 with 12% interest; no merits adjudication; counsel: S. Srinivas Reddy, S. Kartheek, Kowturu Pavan Kumar.
What did the court decide?
A.S.Nos.1091 of 2012 and 24 of 2013 are dismissed as not pressed, the matters having been settled out of Court during the pendency of the appeals. ¶47