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2026 DAILYLAW 14255 (KAR)

ADI THREE D STUDION PVT LTD v. INDIA RADIO VENTURES PVT LTD

MFA/829/2021 · 2026-03-10

K S Hemalekha

body2026

Judgment text

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- 1 - HC-KAR NC: 2026:KHC:14329 MFA No. 829 of 2021 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 10TH DAY OF MARCH, 2026 BEFORE THE HON'BLE MRS. JUSTICE K.S. HEMALEKHA MISCELLANEOUS FIRST APPEAL NO.829 OF 2021 (CPC) BETWEEN: ADI THREE D STUDIO PVT. LTD. #2821, 8TH CROSS, 18TH MAIN, HAL 2ND STAGE, INDIRANAGAR, BANGALORE-560008 REPRESENTED BY ITS MANAGING DIRECTOR MR. VINEETH SABHRAWAL. …APPELLANT (BY SRI JAYASREE NARASIMHAN, ADVOCATE & SMT. PARVATHY NAIR, ADVOCATE) AND: INDIA RADIO VENTURES PVT. LTD., N.A. CHAMBERS, #31, 17TH ‘C’ MAIN, 3RD CROSS, 3RD BLOCK, KORAMANGALA, BANGALORE-560034 MANAGING DIRECTOR AUTHORIZED TO SRI PATAPPA .C HEAD CREDIT CONTROL. …RESPONDENT (BY SRI G.V. DAYANANDA, ADVOCATE) THIS MFA IS FILED UNDER ORDER 43 RULE 1(d) OF CPC AGAINST THE ORDER DATED 30.05.2020 IN MISC.NO.217/2018 ON THE FILE OF THE XLI ADDITIONAL CITY CIVIL AND SESSIONS JUDGE, BENGALURU CCH.NO.42, DISMISSING THE PETITION FILED UNDER ORDER 9 RULE 13 R/W SECTION 151 O CPC. THIS APPEAL COMING ON FOR ADMISSION, THIS DAY, JUDGMENT WAS DELIVERED THEREIN AS UNDER: CORAM: HON'BLE MRS. JUSTICE K.S. HEMALEKHA Digitally signed by MAHALAKSHMI B M Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:14329 MFA No. 829 of 2021 ORAL JUDGMENT The parties have entered into a settlement before the mediation and memorandum of settlement under Section 89 of the Civil Procedure Code read with Rules 24 and 25 of the Karnataka Civil Procedure Mediation Rules, 2005 is placed before this Court. 2. The said memorandum of settlement is duly signed by the parties and their respective counsel. 3. The terms of settlement are culled out as under: 1. “In view of this settlement the Appellant has agreed to pay a sum of Rs.1,50,000/- (Rupees One Lakh Fifty Thousand Only) to the Respondent as full and final settlement in two equal installments by way of online transfer/RTGS/UPI/NEFT. The 1st installment of Rs.75,000/- (Rupees Seventy Five Thousand Only) will be payable on or before 02.04.2026 and the 2nd installment of Rs.75,000/- (Rupees Seventy Five Thousand Only) will be payable on or before 02.05.2026. The Respondent has agreed for the same. - 3 - HC-KAR NC: 2026:KHC:14329 MFA No. 829 of 2021 2. Both the parties state that apart from the above they have no claim/s of any nature as against each other either past, present or future. 3. In view of the settlement between the parties the Respondent has agreed to withdraw the Ex.No.3470/2017 pending before the XLI Additional City Civil and Sessions Judge, Bengaluru. 4. The parties further state that there has been no collusion or force, fraud or any undue influence by any of the parties to enter into this compromise in the aforesaid manner.” 4. The memorandum of settlement is taken on record. 5. In view of the settlement arrived at between the parties, the appeal stands disposed of in terms of Memorandum of settlement. Sd/- ____________________ JUSTICE K.S. HEMALEKHA AT List No.: 1 Sl No.: 27