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2005 CLD 1479

Managing Director and others vs UNITED BANK LIMITED through Principal Officers

Petitioner: Messrs OVERSEAS BLUE STAR GHEE MILLS LIMITED through Chief Executive/Managing Director and others VS Respondent: UNITED BANK LIMITED through Principal Officers/ Managers/General Attorneys and others

Court: Lahore High Court Decision Date: 2005-03-14

Full Judgment Text & Judicial Ruling

Court Name: Lahore High Court Judge(s): Mian Hamid Farooq, Syed Hamid Ali Shah Title:Messrs OVERSEAS BLUE STAR GHEE MILLS LIMITED through Chief

Executive/Managing Director and others vs UNITED BANK LIMITED through Principal Officers/ Managers/General Attorneys and others Case No.: Regular First Appeal No.639 of 2002 and C.M. No.1-C of 2004 Date of Judgment:2005-03-14 Reported As: 2005 CLD 1479 Result: Appeal disposed of. Judgment ORDER Appellants through the filing of the instant application seek modification of the decree in terms of the compromise/ understanding dated 27-5-2004 and 28-5-2004. Let the main appeal be taken up today. C.M. stands disposed of. Main case Learned counsel for the appellant, while referring to letter dated 27-5-2004 (already on record), requests for recording the terms of the said compromise and to dispose of the appeal in hand accordingly. According to the learned counsel, the said letter is outcome of an amicable settlement agreed between the parties. The learned counsel for the respondent has no objection to this course of action. 2. In the above perspective and in view of the joint request IA of the learned counsel for the parties, the compromise agreement is accepted, which, to the satisfaction of the Court, is lawful and adjusts whole of the claim in appeal, and made part of the record. Consequently the appeal stands disposed of as per the terms and letter dated 27-5-2004, which is marked "A" and shall be considered as integral part of the order. No order as to costs. Appeal stands finally disposed of.

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