C.M. No,2-C of 2001 ' Let the main R.F.A. Be taken up.
MAIN CASE
2. This is first appeal.
3. It is admitted to regular hearing. Notice.
4. Mr. Shams Mehmood Mirza, Advocate, accepts notice on behalf of the respondent.
5. Both the learned counsel report that the controversy involved in this R.F.A. Stands amicably settled between the parties and a compromise has been arrived at, terms whereof stand recorded in writing. A copy of the said agreement attested by both the learned counsel has been placed on the file alongwith an agreement to sell dated 28-7-2001 (with schedules) resolution dated 11-7-2001 of the appellants' company, a letter of authorization of the even date and special power of attorney executed in favour of Mr. Shahid Rasheed whose affidavit accompanies the C.M. Praying for recording of compromise. The said agreement is marked as Mark-C (to be read alongwith all the annexures). Both the learned counsel state at the Bar that the terms of the agreement have been duly settled by the parties and they will abide by the same. We have examined the agreement and find that the said agreement adjusts the entire controversy qua the suit, out of which this R.F.A. Has arisen, is complete and otherwise lawful. The compromise is accordingly recorded. The R.F.A. Is allowed and the suit filed by the respondent-Bank against the appellants shall now stand decreed in accordance with the said agreement (Mark-C and its enclosures) the said document is placed on the record and shall form part of the decree. Both the parties to remain bound and to abide by the terms of the agreement. No order as to costs. /Order accordingly.