A.S.Ramesh, v. Dr.S.Nagalingam
Case brief
What is this about?
Compromise disposal of cross first appeals (Section 96 CPC) arising from specific performance decree in O.S.No.27 of 2012 (II Additional District Judge, Thoothukudi, dated 07.01.2014); joint compromise memos recorded and made part of the decree; plaintiff Dr.S.Nagalingam to withdraw Rs.9,70,000/- deposited balance sale consideration with accrued interest and pay Rs.25,00,000/- to first defendant A.S.Ramesh on or before 30.04.2025; Appeal Suits dismissed as against formal-party respondent City Union Bank Limited; connected miscellaneous petitions closed; Principal District Judge / II Additional District Judge, Thoothukudi directed to return deposit with interest; Madurai Bench of Madras High Court, P. Vadamalai J., 17.04.2025; A.S.(MD)No.155 of 2014; A.S.(MD)No.223 of 2015.
What did the court decide?
Both Appeal Suits disposed of by recording the joint compromise memos (which form part of the decree): plaintiff to withdraw the deposited amount with accrued interest and pay Rs.25,00,000/- to the first defendant on or before 30.04.2025; Appeal Suits dismissed as against the second respondent Bank (formal party); connected Miscellaneous Petitions closed; Principal District Judge / II Additional District Judge, Thoothukudi directed to return the deposit of Rs.9,70,000/- with accrued interest to the plaintiff, preferably on the same day of filing his petition.