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Special Courts for Trial and Disposal of Commercial Disputes, Andhra Pradesh
Case No : COP - 40/2024
Diary No : 3653706000982024
M/s. Samanvaya Projects VS U. Basanth Kuldeep
Listing Date : 12/02/2025
Date 12/02/2025   Court No. 1
Proceedings Summery Dated 29.01.2025. Before the Lok Adalath Petitioner No. 1 M/s. Samanvaya Projects is represented by its Managing Partner i.e., Petitioner No.2 Mr. Kiran Kumar, Petitioner No.3 and Respondent No.2 M/s. Dhamam Infra Projects Private Limited is represented by its authorized signatory i.e., Respondent No.1 Mr.U.Basanth Kuldeep along with its respective counsels are present before the Lok Adalat. The Identity of the petitioners and respondents are established by their I.D. Proof and identified by their respective counsels and they all stated that the matter is settled amicably and filed their terms of compromise jointly and the same is read over and explained to both the parties in the presence of their respective counsels, for which they admitted as true and correct and is voluntary. Hence, the following Award is prepared by incorporating the terms of compromise filed by both side parties. The said entire award is explained to the both side parties in the presence of their respective counsels, for which they are admitted voluntarily as true and correct. Hence, compromise is recorded and accordingly award is passed disposing the COS No.40/2024 in terms of compromise. Both side parties along with their respective counsels subscribed their signatures after fully understanding the entire award. The terms of compromise filed by both side parties is annexed to the award. Stage Of Case For Conciliation