Bank Of Baroda vs Sadruddin Hasan Daya And Anr

The Supreme Court held that the consent terms agreed upon by the parties in Civil Appeal No. 4138 of 1999, which included provisions for payment and execution of the decree, are binding and enforceable. The Court emphasized that in case of default by the respondents, the entire amount would become due and the properties under attachment could be sold in execution. The Court affirmed the appointment of the Court Receiver for executing the decree as per the consent terms, thereby upholding the enforceability of settlement agreements in civil disputes.