N Shivakumar v. Shivananjegowda
Case brief
What is this about?
NC: 2025:KHC:16072 | High Court of Karnataka at Bengaluru, 17.04.2025 | Justice S.R. Krishna Kumar | WP No. 22376 of 2022 (GM-CPC) | Disposal of writ petition in terms of joint compromise petition under Order 23 Rule 3 r/w Section 151 CPC | Setting aside of executing court's rejection of judgment debtor's Section 47 CPC application (I.A.No.3) | Closure of execution Ex.No.70/2020 arising from specific-performance decree dated 07.11.2017 in O.S.No.57/2016, Hassan | Conveyance of suit property for Rs.1,25,00,000/- under sale deed dated 30.10.2024 | Takeover of Karnataka Bank loan Rs.40,50,000/- | Decree holder's covenant not to enforce decree | Judgment debtor / decree holder settlement; decree to be drawn by Registry.
What did the court decide?
Petition disposed of in terms of the joint compromise petition; impugned order dated 11.10.2022 in Ex.No.70/2020 set aside; I.A.No.3 and the execution proceedings in Ex.No.70/2020 disposed of in terms of the compromise; Executing Court directed to close the execution proceedings; Registry to draw up decree in terms of the order.