United Breweries Limited v. M/S. Phoenix Marketing
Case brief
What is this about?
United Breweries Limited v. M/s. Phoenix Marketing and Anil Sapra; High Court of Karnataka (HC-KAR); COMAP No. 379 of 2025; NC: 2026:KHC:9808-DB; decision dated 17.02.2026; Coram: Vibhu Bakhru, Chief Justice; C.M. Poonacha, J. Disposal of commercial appeal on settlement: joint memo with settlement agreement dated 16.02.2026; parties bound by settlement; return of bank guarantees on confirmation of full payment; refund of court fee/part court fee; pending interlocutory applications disposed. Underlying suit: Commercial OS No. 2310/2017, judgment and decree dated 24.04.2025 by LXXXII Additional City Civil and Sessions Judge (Commercial Division), Bengaluru. Statute: Section 13(1A), Commercial Courts Act, 2015. No cases cited; no quantum disclosed.
What did the court decide?
Appeal disposed of in terms of the settlement agreement dated 16.02.2026; bank guarantees furnished by the appellant to be returned once respondents confirm receipt of full payment per the settlement agreement; court fee/part of court fee to be refunded in accordance with law; pending interlocutory applications stand disposed of.