ORDER

1. The respondents are allotees of flats under a Self-financing Scheme floated by the appellant Board. There was some dispute between the parties and it led the respondents into filing a writ petition in the High Court for vindicating their grievances against the appellant Board. The High Court found that the writ petitions were not maintainable. In spite of forming that opinion, the High Court, instead of driving back the respondents to the circuitous route of filing civil suits and inviting adjudication of questions on facts, showed indulgence by persuading the parties to arrive at a settlement so as to give a quietus to the litigation. There were two categories of allottees referred to as "Category I" and "Category II". The appellant Board made an offer for settlement in the following terms:

"Category I

A.Rs

1. Original price 5, 61,400.00

2. Interest @ 16.5% p.a. from

1-1-1991 to 31-1-19961, 92,981.00

3. Less interest @ 16.5% p.a. on Rs 3.40 lakhs from

1-1- 1994 to 31- 1-1996 1, 16,875.00

4. Watch and ward @ Rs 50 p.m. from

1-1-1994 to 31-1-1996 1250.00

6, 38,756.00

Say Rs 6,38,756.00

B. Repair will be Rs 8800 per flat approximately.

Category II

A. Rs

1. Original price 4, 33,100.00

2