T.T.Raghunathan & Anr vs New Bridge Holdings B.V.& Ors

The Supreme Court disposed of SLP(C)No.23772 of 2012 and SLP(C)No.23774 of 2012 based on a joint application for compromise between the parties, recorded on September 28, 2012. The Court set aside the judgment and order of the High Court of Judicature at Madras in C.A.No.11 of 2011 dated July 25, 2012, directing the parties to act in accordance with the terms of the settlement agreement. The Court emphasized the importance of amicable settlement in resolving disputes.