Amba Bai v. Gurushanthamma (D) By LRS. & Ors.
Background
The appeal concerned a dispute over partition of property between the parties. While the matter was pending before the Supreme Court, the parties and their counsel negotiated and reached an amicable out-of-court settlement, which they formalised in a signed Memorandum of Compromise filed before the Court.
Decision Breakdown
The Supreme Court recorded its appreciation for the cooperative resolution reached by the parties and disposed of the appeal strictly in terms of the Memorandum of Compromise dated 27 April 2016, directing that this compromise would form part of the formal decree. No costs were awarded to either side.
Lesson Learnt
Parties in a long-running property dispute can bring litigation to a definitive and binding end at any stage, even after reaching the Supreme Court, by mutually agreeing to settle and having the court formally incorporate that settlement into its decree: this is often faster and less costly than continuing to litigate.