M/S Rajarathnam v. Mr.S.P.Subramanyam
Case brief
What is this about?
The High Court of Karnataka disposed of six regular first appeals filed against a judgment and decree in suits for recovery of money. Both parties, representing partnership firms and individuals, submitted compromise petitions alleging no coercion. The Court accepted the settlements, directed the preparation of a final decree on three installments with penal interest, and ordered parties to bear t
What did the court decide?
Appeals disposed of in terms of compromise petitions; final decree to be drawn with agreed installments and 18% interest on default; appellants refunded court fees.