The High Court of Bombay disposed of a commercial suit filed by IVP Limited against Deepak Iron Stores in terms of consent terms arrived at through mediation. The suit was settled amicably with consent terms accepted by both parties.
The suit is disposed of in terms of consent terms; refund of court fees granted.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
1 5 sj 13-22 in comss 74-21-os.doc
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
SUMMONS FOR JUDGMENT NO.13 OF 2022
IN
COMMERCIAL SUMMARY SUIT NO.74 OF 2021
IVP Limited … Plaintiff
Vs.
Deepak Iron Stores… Defendant
Mr. Rahul Soman with Mr. Atharva Dandekar, Advocates for the Plaintiff.
Mr. Ankit Rajput i/by Mr. Rutvij Bhatt, Advocates for the Defendant.
CORAM :ABHAY AHUJA, J.
DATE :30 JANUARY, 2024.
P.C.:
1. Both the learned counsel tender across the Bar consent terms dated
30th January, 2024, duly singed by the parties as well as their respective
Advocates, submitting that the lis has been settled amicably through the
intervention of Mr. Nikhil Sakhardande, learned senior Advocate who was
appointed as Mediator in the matter.
Digitally signed byPRIYA PRIYARAJESH RAJESHSOPARKAR SOPARKAR Date: 2024.01.30 16:43:22 +0530
2. Mr. Rahul Soman, learned counsel for the Plaintiff submits that in
accordance with paragraph No.1(a) of the said consent terms a demand
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Priya R. Soparkar
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draft of Rs.7,00,000/- is being handed over to the learned counsel for the
Plaintiff which is accepted by the learned counsel for the Plaintiff.
3. The consent terms are taken on record and marked “X” for the purposes of identification. The undertakings in the consent terms are accepted as undertakings to the Court.
4. The suit is disposed in terms of the consent terms. Refund of court fees as per rules.
5. This Court wishes to place on record its appreciation for the services rendered by Mr. Nikhil Sakhardande, learned senior Advocate for the successful conclusion of the mediation.
(ABHAY AHUJA, J.)
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Priya R. Soparkar
Abhay Ahuja
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court