Withdrawal of suit by compromise
Harsh Agrawal
(Querist) 17 February 2016
This query is : Resolved
Facts - Authority X levies charge on Party Y.
- Ld Single Judge (in Appeal by Y) strikes it down by holding that it has no power of levying the said charge.
-Both the Parties files Appeals before Division Bench; matter pending
- Parties reach a compromise wherein Party X can levy the charge but it is reduced as per wishes of Party Y;
and both wish to withdraw their respective appeals.
Proposition - Can Party X & Y withdraw their Appeals based on a compromise, in light of the fact that Ld Single Judge struck down / set-aside the power of levy itself.
Devajyoti Barman
(Expert) 17 February 2016
Both the parties can 'not press' the appeal as per their sweet will.No difficulty.
Rajendra K Goyal
(Expert) 18 February 2016
Both parties opt not to press the respective appeal.
