FA.No.1110/2008 against  C.D.No.6/2008, District Forum, Kurnool.

Between:

The General Manager,

District Co-op. Central Bank Ltd.,

Near Collector Complex, Kurnool.                                      ..Appellant/Opp.party

            And

P.Balaramudu, S/o.P.Sanjanna,

Retired as Branch Manager, D.C.C.Bank,.

Nandikotkur Branch, R/o.D.No.78-8D-2, 2

Krishna Nagar, Kurnool.                                                       Respondent/Complainant

Counsel for the Appellant: Smt.K.Sesharajyam

Counsel for the Respondent. Mr.R.V.Nagabhushan Rao 

QUORUM: SRI SYED ABDULLAH, HON’BLE MEMBER

AND

                            SRI R.LAKSHMINARASIMHA RAO, MEMBER..

TUESDAY, THE THIRTIETH DAY OF JUNE,

TWO THOUSAND NINE

ORAL ORDER: (Per Hon’ble Sri Syed Abdullah,  Member.)

                                                                                                                                                                                                                        ***

A joint memo is filed by the counsel for the appellant and respondent seeking for dismissal of the appeal as settled out of court. In the memo, the respondent has agreed to receive interest on the amount awarded at 9% instead of 12% as ordered by the District Forum and prayed for issuance of a cheque. Compromise recorded.

        Accordingly the appeal is dismissed as settled out of court and the respondent is permitted to file a competent petition for withdrawal of the amount.  There shall be no order as to costs.

                                                                             MEMBER.

                                                                               MEMBER.

                                                                                                  Dt.30-6-2009.