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2021 Supreme(Del) 1324

SURESH KUMAR KAIT
Abhishek Jain – Appellant
Versus
Manoj Kumar Jain – Respondent


JUDGMENT

Suresh Kumar Kait, J. - EX.APPL. (OS) 1401/2021 (u/S. 151 CPC)

1. The present application has been filed by both the parties for recording compromise between the parties.

2. Vide order dated 06.12.2021, adjournment was sought to finally arrive at a settlement.

3. Today, learned counsel for judgment debtor appears and on instructions, has given an undertaking that matter has been settled between the parties out of the Court.

4. Learned counsel for the decree holder submits that the terms of compromise are incorporated in para 4 to 7 and 9 of present application and accordingly, prayed that the present execution petition be disposed of.

5. Accordingly, para 4 to 7 and 9 are incorporated in the compromise which are as under:-

    "4. That the Judgement Debtor has agreed to pay to the Decree Holder a total sum of Rs.2,25,00,000/- as per the Schedule laid down hereinafter, and also on the terms laid down.

    5. The Judgement Debtor has given a schedule, whereby the Judgement Debtor would be making payments to the Decree Holder on the terms and conditions as laid down herein.

    The Judgement Debtor has paid to the Decree Holder a sum of Rs. 20,00,000/- (Rupees Twenty Lacs only) by Pay Order No. 0

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