The Court disposed of the petition following a settlement agreement entered into on 20.02.2018 and execution of the first instalment of Rs. 1,00,000 via cheque. Default remedies were granted to the petitioner.
Present petition disposed of; liberty granted to take steps as per law including revival of petition in case of default.
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$~CP-4
RAGINI MATHUR ..... Petitioner
versus UNIVERSAL BUILDWELL PRIVATE LTD...... Respondent
Present: Mr.Gaurav Bahl, Adv. for the petitioner. Mr.Arjun Sawhney, Adv. with Ms.Pooja Sharma, AR, Mr.Raman Puri, Managing Director and Mr.Vikram Puri, Director for the respondent company.
CORAM: HON'BLE MR. JUSTICE JAYANT NATH
O R D E R
%
08.03.2018
Learned counsel for the parties state that the parties have entered into a Settlement Agreement dated 20.02.2018. Pursuant to the Settlement Agreement the first instalment of Rs.1,00,000/- has been paid to the petitioner by cheque bearing No.034820 drawn on Allahabad Bank, Sohna Road, Gurgaon. Learned counsel appearing for the respondent on instructions from the Managing Director Mr.Raman Puri who is present in court in person states that the cheque handed over to learned counsel for the petitioner would be duly honoured by the bankers. He also states that the respondent shall remain bound by the terms and conditions of the Settlement Agreement. Learned counsel for the petitioner has placed on record a copy of the settlement agreement dated 20.2.2018. Same is taken on record. It be sent to the Registry who may scan the same and place it on record.
Statement of the Managing Director has been recorded separately. Respondent shall remain bound by the terms and conditions of the statement. In view of the above, present petition stands disposed of.
In case of a default liberty is granted to the petitioner to take steps as per law including for revival of the present petition.
JAYANT NATH, J
MARCH 08, 2018 n
RAGINI MATHUR
UNIVERSAL BUILDWELL PRIVATE LTD
JAYANT NATH
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
