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1994 Supreme(SC) 1266

K.RAMASWAMY, M.N.VENKATACHALIAH
H. B. Usha – Appellant
Versus
D. S. Ramachandra – Respondent


Advocates:
HARISH N.SLAVE, KIRAN SURI, P.Mahale, S.B.SANYAL

(1) LEAVE granted.

(2) WE are happy to note that at the suggestion of this court, the parties have settled the disputes amicably. Therefore, having regard to the terms of such settlement placed before us, the following order is made.

(3) THE appellant Smt H.B. Usha shall pay to the respondent D.S, Ramachandra a total sum of Rs. 3,25,00,000.00 for his giving up half share in the partnership firm M/s Ajax Petro in her favour as under:

(1 A sum of Rs. 75,00,000.00 which is lying in the Star Deposit account in State Bank of-India, City Branch, Bangalore, in the name of Stone Bonds (P) Ltd. should be released to the respondent, with interest accrued thereon, by crediting the same to the account of the respondent in Canara Bank, South End Road Branch, Bangalore, within a period of seven days from today; or the appellant shall give necessary direction to the SBI, City Branch, Bangalore, to withdraw the deposit made in Stone Bonds (P) Ltd. in the name of the respondent and deposit the same in the account of the respondent in Canara Bank, South End Road Branch, Bangalore, the account number to be given by the respondent.

(2 The appellant shall deposit in the sai














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