K. S. SHRIVASTAV, J.

( 1 ) THIS application raises a short but interesting and important question of law.

( 2 ) THE petitioner and the respondent entered into a memo of understanding on 19-11-1994 for the purpose of securing joint venture collaboration agreement between t. T. I. Limited and the respondent. Alleging default and misrepresentation on the part of the petitioner, an application in O. P. No. 98/1995 has been filed by the respondent against the petitioner on 17-12-1995 before the A. P. Consumer disputes Redressal Commission at hyderabad (for short, the Consumer forum ) for the recovery of compensation of rs. 6 lakhs with interest and costs. The petitioner also filed a civil suit in O. S. No. 89/1996 on the file of the II Additional judge, City Civil Court, Hyderabad, alleging breach of memo of understanding and sought relief of money decree against the respondent.

( 3 ) THE petitioner has filed this application alleging that the claim and the counter-claim have arisen on rival allegations on the strength of the memo of understanding dated 19-11-1994, that there is likelihood of conflicting judgments, that the proceedings pending before the consumer Forum are summary in na

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