Sarda Energy and Minerals Limited,Nagpur v. Damani Shipping Pvt. Ltd.
Case brief
What is this about?
Consent-term disposal of a First Appeal before the Bombay High Court (S. M. Modak, J., 7th October 2025) in Sarda Energy & Minerals Ltd. v. Damani Shipping Pvt. Ltd. Search terms: consent terms; mediation settlement; mediator's report marked Annexure-X; withdrawal of Execution Application; full and final settlement; refund of balance court deposit with interest; City Civil Court money decree; distribution of Rs.8,22,000/- deposited in Office; withdrawal of Rs.5,50,000/- by respondent; disposal of pending interim applications. Useful for matters involving consensual resolution of appeals arising out of money decrees and apportionment of amounts lying deposited in court.
What did the court decide?
Appeal disposed of in terms of consent terms: Respondent permitted to withdraw Rs.5,50,000/- from the Office subject to Rules as full and final settlement; Office to return the remaining deposited amount with interest to the Appellant; Respondent to withdraw its Execution Application; pending Interim Applications disposed of; mediator's efforts appreciated with the Deputy Registrar–Main Mediation Centre–High Court Bombay directed to do the needful.