Amicable settlement recorded by the Supreme Court, with consequential relief granted despite no express tribunal mechanism

Where parties amicably settle a dispute, the Supreme Court recorded the compromise and granted consequential relief, setting aside the appellate tribunal order on the facts before it. It noted that the existing rules did not expressly confer inherent powers on the tribunal to permit a post-admission compromise to take effect, and observed that the rules should be amended so such matters do not require recourse to the Court in future. The operative point is that a settlement may be taken on record and acted upon despite the absence of an express procedural mechanism in the rules.

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Issues: Whether the settlement arrived at between the parties could be taken on record and the appellate tribunal order set aside.

Analysis: The parties informed the Court that the dispute had been settled amicably. The Court took note of the earlier concern that the existing rules did not expressly provide inherent powers to the appellate tribunal to permit a post-admission compromise to take effect, and observed that the relevant rules ought to be amended so that such matters do not require recourse to the Supreme Court in future. On the facts before it, the Court accepted the settlement and granted the consequential relief.

Conclusion: The settlement was taken on record and the appellate tribunal order was set aside.

Final Conclusion: The appeal succeeded on the basis of the parties' settlement, with consequential relief granted in terms of the compromise.

Ratio Decidendi: Where the parties have amicably settled the dispute, the Court may record the settlement and grant consequential relief despite the absence of an express procedural mechanism in the existing rules.

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