1994 3 SCR 226 The following Order of the Court was delivered The litigation that has been carried on for over 40 years has number ended in a companypromise entered into by the parties.
6,62,320 shall be adjusted against the amounts referred to under Clause 4 above as amounts already paid towards rent and licence fee towards suit premises and the balance amount remaining thereafter out of the total amount of companypensation payable, shall be paid by the appel lant tenant in two and one half 2.
If there is any default companymitted in payment of balance amount of companypensation in equal five half yearly instalments, agreed to the tenant shall pay interest on the amounts which may fall due 25 per annum from the date on which such amounts may fall due till date of payment.
It is stated that from June 13, 1975 to November 15, 1979, a sum of Rs.
Counsel appearing for the parties are directed to file in the Registry a deed of companypromise, duly signed by parties within six weeks from today.
For the period between 1.1.1979 and 31.12.1983 Rs, 15,000 Rupees Fifteen Thousand per month.
The Registry is directed to issue a Cheque or a Draft, as the case may be, in favour of the respondent for the said sum of Rs.
The rents for the months of January and February, 1994 shall be paid on or before July 31, 1994.
35,000 Rupees Thirty Five Thousand per month.
The Respondent is permitted to withdraw the same.
Pursuant to the direction issued by this Court, the appellant had deposited a sum of Rs.
The tenant appellant shall be liable to pay to the respondent landlord as companypensation for past use and occupation of the suit premises, as hereunder.
The rent for the month of March, 1994 shall be paid on or before 12th April, 1994.
25,000 Rupees Twenty Five Thousand per month.
That companypromise shall companyprise of the following terms 1 That the appellant tenant shall pay for the suit premises monthly rent of rupees two lakhs Rs.
For the period between 1.1,1984 and 31.12.1988 Rs.
For the period between 1.1.1989 and 31.12.1993 Rs.
The tenant shall pay the monthly rent on or before 12th of every succeeding month.
years in equal five half yearly instalments.
2 lakhs , companymencing from January 1, 1994.
1,50,000 with the Registry of this Court and the same is standing to the credit of the Respondent in the appeal.
For subsequent tenancy months.
this amount also stand be adjusted against amount of companypensation payable under Clause 3 above.
1,50,000.
