The court disposed of Arbitration Petition No. 29 of 2007 filed by ONGC Ltd. against PGS Geophysical A.S. after recording the petitioner's submission that the parties had settled the matter out of court and the petition was withdrawn.
Petition disposed of as withdrawn. Refund of court fee directed in accordance with law.
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
ARBITRATION PETITION NO. 29 OF 2007
ONGC Ltd.
......Petitioner.
Vs.
PGS Geophysical A.S. & Ors.
......Respondents.
Mr. P.N. Singh i/by M/s. Vyas and Bhalwal for the Petitioner. Mr. Bhavin Shah i/by Ms. Kamini Ahuja for Respondent No.1.
CORAM :- ANOOP V. MOHTA, J. DATE :- 29 AUGUST 2012.
P.C.:-
The learned counsel appearing for the Petitioner, on instructions,
makes statement that the parties have settled the matter out of the Court. A letter dated 14 August 2012, received by fax, contending therein that the settlement agreement is arrived at between the parties, pursuance to the Outside Expert Committee's decision, is taken on record. The same is marked as "X" for identification. Therefore, the learned counsel appearing for the Petitioner, on instructions, seeks to withdraw the present Arbitration Petition. The other side has no objection for the same.
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(ANOOP V. MOHTA, J.)
ONGC Ltd.
PGS Geophysical A.S.
Anoop V. Mohta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
