Settlement of Rs. 7,50,000 in Monthly Installments with Penalty for Failure to Pay

The District/Sessions Court Saket Court Complex in 2018 settled a matter between the parties for Rs. 7,50,000 to be paid in monthly installments from 20.09.2018. Failure to pay will result in a penalty of Rs. 5000 per installment per month. The suit is decreed as compromised/settled, and a consent decree will be issued.

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The judgment from the District/Sessions Court Saket Court Complex in 2018 (10) TMI 1882 states that a matter between the plaintiff and defendant was settled for Rs. 7,50,000 to be paid in monthly installments starting from 20.09.2018. Default in payment will incur a penalty of Rs. 5000 per installment per month. The suit is decreed as compromised/settled and a consent decree will be prepared.

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