1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL JURISDICTION SUMMARY SUIT NO. 1067 OF 2007 AND CHAMBER SUMMONS 934 OF 2007 Jamnadas Mathradas, Senior Citizen. .... Plaintiff. V/s. M/s. Astral Glass Pvt. Ltd. & Ors. .... Defendants. ....... Mr. Amar Talreja for the Plaintiff. Mr. V. Chandrasekhar i/b. Bekay Legal for the Defendants. ........ CORAM : DR. D.Y. CHANDRACHUD, J. 14TH MARCH 2008. P.C. :- Consent terms signed by the Advocates for the respective parties are taken on the record and marked “X”. The dispute between the parties has been settled in terms of the Consent terms. On the question of interest, learned Counsel stated that they would submit to the order of the Court. Having regard to the 2 facts and circumstances, that a settlement has been arrived at amicably, interest from the date of the institution of the suit till payment shall be allowed at the rate of 12% per annum. Similarly, Counsel requested the Court to quantify the costs of the suit and left the question of the costs to the discretion of the Court. The costs shall stand quantified at Rs.3,000/-. Counsel have stated that proceedings are pending under Section 138 of the Negotiable Instruments Act, 1881. Since, the offence under Section 138 has now been made compoundable by a legislative amendment, it is understood before the Court that parties shall apply to the appropriate Court, subject to due compliance with the provisions of the consent terms for the compounding of the offence. Any such application shall be dealt with in accordance with law. The suit shall accordingly stand disposed of. In view of the disposal of the Suit, the Chamber Summons is disposed of. ------