SOORAJMULL NAGARMULL vs DALHOUSIE PROPERTIES LTD. AND ANR,

The Supreme Court directed the parties to file a deed of compromise after 40 years of litigation, establishing terms for the payment of rent and compensation by the tenant to the landlord. The tenant is to pay a monthly rent of Rs. 2 lakhs starting January 1, 1994, and compensation for past use and occupation at specified rates for different periods. The court held that any default in payment would incur interest at 25% per annum, and the respondent is permitted to withdraw a previously deposited amount of Rs. 1,50,000, which will be adjusted against the compensation payable.