IN THE HIGH COURT OF JUDICATURE, ANDHRA PRADESH AT HYDERABAD WEDNESDAY, THE THIRTEENTH DAY OF APRIL TWO THOUSAND AND ELEVEN PRESENT THE HON'BLE SRI JUSTICE V.ESWARAIAH AND THE HON'BLE SRI JUSTICE V.SURI APPA RAO A.S.M.P.NO. 589 OF 2011 AND APPEAL SUIT No. 34 OF 2007 Between: Sanapu Reddy Venkata Siva Reddy ..... Petitioner/Appellant AND Pushpagiri Peddagurivi Reddy .....Respondent/Respondent The Court made the following : JUDGMENT: (per THE HON’BLE SRI JUSTICE V.ESWARAIAH) The petitioner and the respondent are present before this Court and they are identified by each other and are also identified by their counsel appearing for them. A.S.M.P. No. 589 of 2011 is filed to record the compromise in AS No. 34 of 2007 entered into between the parties. The petitioner herein who is the defendant in the suit filed this application to record the compromise stating that the subject matter of the suit has been settled. As per the judgment and decree passed by the learned Additional Senior Civil Judge (Fast Track Court) Rajampet at Badvel in OS No. 78 of 2005 filed by the plaintiff/ respondent herein for recovery of a sum of Rs.9,18,997/-, the suit was decreed with interest at 12% p.a. on the principal amount of Rs.5,50,000/- from the date of suit till the date of decree and at 6% p.a. thereafter till the date of realization. It is stated that while admitting the present appeal, this court by order dated 5.2.2007 has granted interim stay subject to the condition of the petitioner depositing a sum of Rs.3.00 lakhs along with costs and thereafter the entire suit claim has been settled for a sum of Rs.5,00,000/- in full and final satisfaction of the decreetal amount in OS No.78 of 2005 and the said amount has already been received by the respondent. Having regard to the facts and circumstances, the petition is allowed and a decree be drafted in terms of the Memorandum of Understanding dated 1.3.2011. The Miscellaneous Petition is accordingly allowed and consequently the Appeal Suit is disposed of in terms of the Memorandum of Compromise dated 1.03.2011 ________________ Justice V.Eswaraiah ____________________ Justice V.Suri Appa Rao April 13, 2011 MAS