A commercial case where an undertaking filed by the defendant company resulted in the withdrawal of the plaintiff's counter-claim and the decree of the plaintiff's suit.
Counter-claim dismissed as withdrawn; Plaintiff's suit decreed in terms of the undertaking dated 8th May, 2017.
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.
$~O-1
versus
GLENMARK GENERICS LTD ..... Defendant Through : Mr.Vivek Ranjan, Adv.
CORAM:
HON'BLE MR. JUSTICE YOGESH KHANNA
O R D E R
% 18.07.2017 IA No.7468/2017 & CS(COMM) 1134/2016
An Undertaking dated 8th May, 2017 is given by Mr.Taranpreet Singh Lamba, Vice President of the defendant company and in lieu thereof, the counter claim No.60/2014 filed by the plaintiff on 14.10.2014 shall be withdrawn. It is further stated that the suit of the plaintiff be decreed in terms of para Nos.4 & 5 of the Undertaking dated 8th May, 2017.
In view of the submissions made, the counter claim filed by the plaintiff against the defendant is dismissed as withdrawn and the suit of the plaintiff is decreed in terms of the Undertaking dated 8th May, 2017 given on behalf of the defendant company. The decree shall incorporate the terms of the undertaking dated 08.05.2017 and be prepared accordingly.
YOGESH KHANNA, J
JULY 18, 2017/ VLD
2 provisions across 2 enactments
Yogesh Khanna
As recorded by the court registry
A suit of a commercial nature above the specified value, governed by the Commercial Courts Act 2015.
Judgements on the same questions, provisions and authorities, from every court
