Yes Bank Ltd Rep.By Its Authorized Signatory v. Balaji I

Application No.10159 of 2018 and Application No.3209 of 2019 R.SURESH KUMAR, J.

The prayer sought for in the above applications are as follows, "A.No.10159 of 2018 : To pass a pro order prohibiting the second respondent / garnishee not to release or pay funds to the first respondent or to any person or persons claiming through or in trust of the deceased borrower J.Punitha which lying with the second respondent / garnishee bank in the Salary Account No.24051610004631 of the deceased borrower which is maintained with second respondent / garnishee bank pending disposal of the arbitration."

A.No.3209 of 2019 : To vacate the order of injunction dated 21.12.2018 prohibiting HDFC Bank Ltd from releasing the funds in the account maintained by the applicants wife."

2. When the case is taken up today, the learned counsel for both sides submit that the parties have entered into compromise and the compromise has been reduced into writing by way of a Memo of Compromise dated 24th April 2019, and they further submit that in terms of the said compromise, these applications can be disposed of.

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R. SURESH KUMAR, J.

KST

3. Considering the said submission and by recording the terms of the Memo of Compromise dated 24.04.2019, these applications are disposed of, strictly in accordance with the terms of the Memo of Compromise, and the terms of the Memo of Compromise shall form part of this order. 25-04-2019 KST Note : Office to issue order copy on 26.04.2019 Application No.10159 of 2018 and Application No.3209 of 2019 http://www.judis.nic.in