
The Supreme Court applauded Azim Hashim Premji for taking a beneficial notion of the matter and conceded to forgive the past code of a person who through his firms had registered more than 70 litigations against Premji and his allies.
“We are happy to remark that Azim Hashim Premji has taken an effective view of the matter and decided to pardon the past conduct of R Subramanian, more so, in view of the financial problems he has confronted and to take also a gracious view of the amounts due from him to the group firms of Premji, ” announced a bench of justices Sanjay Kishan Kaul and MM Sundresh told.
The bench also announced that “The current proceedings have revealed that there is nothing difficult as long as the parties are ready to see the certainty of a given problem. More than 70 trials, misconceived as they are, commenced by the respondents will be brought to an end on a realization by R Subramanian, who strives to repent for his past conduct and needs to begin a new chapter in his life.”
On the last date of hearing Senior Advocate Mukul Rohatgi, had decided to convince Azim Hasham Premji to take a more gracious view of the conduct of R Subramanian and to leave a closure to all problems, subject to the circumstance that he and the affiliates who face a barrage of litigation earn an apology for his past code from Subramanian.
Subramanian has ensured to lend the effort to revoke the several proceedings pending before courts, tribunals and statutory permissions against the appellants Premji and their Group.
Subramanian has documented an affidavit as per his certainty given on the last date of attending with annexures of properties, list of firms and details of PILs registered by him pending before the Courts.
The Court also permitted Azim Hasham Premji’s appeal, and announced, “We must record our achievement at having facilitated the parties in completing at the aforesaid arrangement and giving rise to the present proceedings and a number of other proceedings to an end.”
“Suffice to say, we find that the beginning of the criminal proceedings as well as the decision of the High Court are entirely unsustainable and therefore set aside both of them,” the Court announced. Premji had reached the Supreme Court last year distrusting the Karnataka High Court order. Karnataka HC had dismissed their pleas for quashing summons granted against them by the trial court.