Disposed

M/S Sri. Lakshmi Motors v. M/S Sujatha Automobiles

Karnataka HC23 Apr 2026RFA/71/2023

Case brief

AI extract

What is this about?

Regular first appeal against a money recovery decree settled through mediation. Compromise petition for Rs. 25 lakh full and final settlement accepted; appeal disposed of in terms of the compromise with refund of court fee and release of deposited amount.

What did the court decide?

Rs. 25 lakh deposit with accrued interest released to respondent; court fee refund to appellants; decree in terms of compromise.

M/S Sri. Lakshmi Motors Vs M/S Sujatha Automobiles — Execution and Attachment | Karnataka HC (2026)

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NC: 2026:KHC:22196-DB RFA No. 71 of 2023

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HC-KAR

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IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 23^RD DAY OF APRIL, 2026

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PRESENT

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THE HON'BLE MRS. JUSTICE ANU SIVARAMAN AND

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THE HON'BLE MS. JUSTICE TARA VITASTA GANJU REGULAR FIRST APPEAL NO. 71 OF 2023 (MON)

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BETWEEN:

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M/S SRI. LAKSHMI MOTORS

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SERVICE PRIVATE LIMITED SY NO. 21/1, OPP CMTI

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TUMKUR MAIN ROAD YESHAVANTHAPURA BENGALURU - 560 022 REP BY ITS MANAGING

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Digitally signed by RAKSHA Location: High Court of Karnataka

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DIRECTOR SRI M SHANKAR

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THE MANAGING DIRECTOR M/S SRI LAKSHMI MOTORS SERVICE PRIVATE LIMITED

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SY NO. 21/1 OPP CMTI TUMKUR MAIN ROAD RAJA INDUSTRIAL ESTATE YESHVANTHAPURA BENGALURU - 560022

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…APPELLANTS

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(BY SRI. SAGAR B. B., ADVOCATE)

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NC: 2026:KHC:22196-DB RFA No. 71 of 2023

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HC-KAR

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AND:

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M/S SUJATHA AUTOMOBILES NO.55/1, BDA INDUSTRIAL LAYOUT 1ST MAIN ROAD, (PREVIOUSLY 6TH CROSS) 2ND PARALLEL ROAD TO SRS ROAD, NEXT TO GOVERNMENT PU COLLEGE PEENYA TUMKUR ROAD BENGALURU - 560058 REP BY ITS PARTNER SRI R ANAND

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…RESPONDENT

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(BY SRI. SAMPATH A., ADV. A/W SRI. JAYARAMAIAH, ADV.)

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THIS RFA IS FILED UNDER SECTION 96 OF THE CPC, AGAINST THE JUDGMENT AND DECREE DATED 08.11.2022 PASSED IN OS.NO.4680/2016 ON THE FILE OF THE C/C XLIV ADDITIONAL CITY CIVIL AND SESSIONS JUDGE, BENGALURU CITY, DECREEING THE SUIT FOR RECOVERY OF MONEY.

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THIS APPEAL, COMING ON FOR ORDERS, THIS DAY, JUDGMENT WAS DELIVERED THEREIN AS UNDER: CORAM: HON'BLE MRS. JUSTICE ANU SIVARAMAN and HON'BLE MS. JUSTICE TARA VITASTA GANJU

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NC: 2026:KHC:22196-DB RFA No. 71 of 2023

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HC-KAR

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ORAL JUDGMENT

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(PER: HON'BLE MRS. JUSTICE ANU SIVARAMAN)

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We have heard the learned counsel appearing on either

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side.

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It is submitted that the matter is settled through

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Mediation and a compromise petition dated 15.04.2026 has been placed on record.

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It is submitted that Managing Director is duly authorized. It is further submitted that the signatories have obtained the authority from the Board of Directors to file this compromise petition and to compromise this appeal.

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The compromise petition reads as follows:-

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"4. Appellants have offered to pay Rs. 25 Lakh towards full and final settlement of the entire claim of the Respondent as per the decree and the Respondent has agreed to receive a sum of Rs.25 lakhs towards full and final settlement of the decretal amount passed in O.S. No.4680/2016.

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5. The Appellants have agreed that a sum of Rs.25 lakhs deposited by them on the file of this Hon'ble Court, along with accrued interest, may be paid to the Respondent

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4 - NC: 2026:KHC:22196-DB RFA No. 71 of 2023

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HC-KAR

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towards full and final settlement of the entire decretal claim. The Respondent has no objection to disposing of the above appeal to the extent of Rs.25 lakhs along with accrued interest, available in the deposit and give up all claims against the Appellants.

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6. The Respondent most respectfully submits that they have no other claims as against appellant herein whatsoever in any form."

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The compromise petition is accepted

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The parties are present before the Court and are identified by their respective counsels.

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In the above view of the matter, the Regular First

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Appeal stands disposed of in terms of the compromise petition entered into between the parties.

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The Registry shall draw up a decree in terms of the compromise and the eligible Court fee shall be refunded to the appellants on proper identification.

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The amount of interest deposited before this Court

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shall be released in favor of the respondent in terms of the compromise settlement entered into between the parties.

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NC: 2026:KHC:22196-DB RFA No. 71 of 2023

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HC-KAR

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All pending interlocutory applications shall stand disposed

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of.

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Sd/(ANU SIVARAMAN) JUDGE

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Sd/(TARA VITASTA GANJU) JUDGE

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RAK

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List No.: 1 Sl No.: 16

M/S Sri. Lakshmi Motors v. M/S Sujatha Automobiles

Case brief

What is this about?

What did the court decide?

M/S Sri. Lakshmi Motors v. M/S Sujatha Automobiles

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Statutes considered

Parties & counsel

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