M/S Eveready Industries India Ltd. vs M.S.E.F.C.,Chennai Region and Anr.

The Supreme Court disposed of the appeal in terms of a settlement reached between the parties, as documented in a Joint Memo dated 31.07.2017. The appellant, J.K. Tyre and Industries Ltd., agreed to pay Rs. 61,00,000 to the respondent, which was acknowledged by the respondent's counsel. The Court permitted the appellant to withdraw the deposit made earlier along with accrued interest and directed both parties to contribute Rs. 25,000 to the Supreme Court Bar Clerk's Association, reflecting the amicable resolution of the dispute.