Justice K K Sasidharan, before whom the memo was entered into, permitted Priyadarshan to manage a theatre tillMarch 31 2016. It would be handed over to Lissy with all the fixtures, equipment and furniture on the evening of that day. He agreed to the terms.
The civil suit was filed by Priyadarshan against Lissy, praying for a decree declaring that he is the absolute owner of a residential property in Nungambakkam and another non- residential property with a preview theatre in it.
They had appeared before the judge on January 12. As they had ruled out reconciliation, the Judge had taken the next step to arrive at a modality to part on friendly terms. Both agreed and had suggested the terms and discussed pending issues and modalities of the settlement through counsel.
Priyadarshan had agreed for divorce by mutual consent if Lissy withdrew charges in the pending divorce petition and they agreed to settle the matter.
Both then appeared before the Judge on January 28, discussed the terms settled earlier and agreed to the proposal to resolve the dispute. The memorandum of compromise was then drafted.
They had agreed to file a joint petition for divorce by mutual consent on or before February 17and appear before the concerned family court till decree of divorce was granted. The family court had adjourned the matter to this date.
