Disposed
Shri Rathi Steel (Dakshin) Ltd. v. Universal Buildwell Pvt. Ltd. & Ors.
Delhi HCCO.PET./53/2016
Case brief
from the order text
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HIGH COURT OF DELHI AT NEW DELHI + CO.PET.…
What the court decided
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$~C-3
..... Petitioner Through : Mr.Paban K. Sharma, Adv.
versus
UNIVERSAL BUILDWELL PVT. LTD. & ORS.
..... Respondent Through : Mr.Manpreet Lamba, Adv. for R-1
CORAM: HON'BLE MR. JUSTICE YOGESH KHANNA
O R D E R % 06.09.2017
Learned counsel for the parties submit that settlement has been arrived at between the parties vide an agreement dated 31.08.2017 and that the respondent company shall pay to the petitioner as per the terms and conditions set out in the said agreement and shall be bound by the same. The agreement entered into between the parties be filed within three days from today. The first instalment though was payable on 31.08.2017 with a grace period of 10 days, has not been paid till today. The counsel for the respondent undertakes that it shall be paid on or before 10.09.2017. The learned counsel for the petitioner hence withdraws the petition with liberty to revive it if the payments are not forthcoming as per schedule given in the agreement. The agreement dated 31.07.2017 shall be a part of this order and an affidavit of undertaking be also filed by the Managing Director of the
respondent company in accordance of terms and conditions of the agreement, within two weeks from today.
YOGESH KHANNA, J
SEPTEMBER 06, 2017 VLD
SHRI RATHI STEEL (DAKSHIN) LTD.
UNIVERSAL BUILDWELL PVT. LTD.
YOGESH KHANNA
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court