The Delhi High Court recorded a settlement agreement entered into by the parties. The appeal was disposed of as settled, the decree was modified per the agreement terms, and the petitioner agreed to withdraw the RFA.
Appeal disposed of as settled; decree modified per settlement; costs refunded.
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versus
NORTH DELHI POWER LTD (NOW TATA POWER DISTRIBUTION CO LTD) ..... Respondent Through: Ms. Moulshree Shukla, Advocate. (M:9717317090)
CORAM:
JUSTICE PRATHIBA M. SINGH
O R D E R
“ 1. That out of the principal amount of Rs.11,78,793.86 and LPSC amounting to Rs.13,19,022.80, the total amount to be paid and settled between the parties is Rs.13,00,000/(including the principal and LPSC amounts) only out of which Rs.2,00,000/- has already been paid by the first party vide receipt dated 26.04.2012 (subject to verification by the second party) vide order dated 24.03.2012 passed by the court of Sh. Pankaj Gupta, Ld. ADJ, Central, Tis Hazari Courts, Delhi.
2. That the balance amount of Rs.11,00,000/will be paid equal installments of 11 months amounting to Rs.1,00,000/- each and will be paid by the first party to the second party. The first
installment will be paid on or before 10.04.2018 and the remaining 10 installments shall be paid before 10th of each calendar month in the form of demand draft / bank transfer / cheque which will be deposited before Tata Power Delhi Distribution Ltd by the first party.
3. That the second party shall correct the demand bill of the first party in terms of the present settlement agreement.
4. That the first party shall continue paying the current regular consumption charges as and when raised apart from the present dispute.
5. That the first party agrees to withdraw the present RFA No.565/2015 on the next date of hearing i.e. 03.04.2018.”
PRATHIBA M. SINGH, J.
APRIL 03, 2018/ dk
Vaibhav Jain
North Delhi Power Ltd (now Tata Power Distribution Co Ltd)
Prathiba M. Singh
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
