This order deals with a joint application to take a settlement agreement on record under Section 151 CPC. The court accepted the agreement as an exhibit and recorded satisfaction that parties would abide by its terms.
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.
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SS ENERGY VENTURES PRIVATE LIMITED ..... Petitioner Through: Mr. S.K. Sharma, Adv.
versus
GREEN INDRA WIND POWER GENERATION LIMITED ..... Respondent Through: Mr. Vikram Sobti and Mr. Ashwani Malhotra, Adv.
CORAM: HON'BLE MR. JUSTICE V. KAMESWAR RAO
O R D E R
% 11.02.2020
IA. 1351/2020
This is a joint application filed by the parties under Section 151 CPC for taking the settlement agreement dated December 20, 2019 executed between the parties before the Delhi High Court Mediation and Conciliation Centre on record.
When the matter was listed on the last date of hearing, I deferred the matter for today as the settlement agreement dated December 20, 2019 was not on record. The Delhi High Court Mediation and Conciliation Centre has filed the settlement agreement dated December 20, 2019 on record, which is of 87 pages. Learned counsel for the parties state that the same be taken on record. The settlement agreement is taken on record and is exhibited as Ex.AB.
I take on record the statement made by the counsel for the parties that the parties shall abide by the terms of the settlement. I also record that the counsel for the respondent has handed over a demand draft bearing no. 145863 dated January 22, 2020 for Rs.2,65,50,000/- drawn on IDFC First Bank to the counsel for the petitioner.
The application and the petition are disposed of.
V. KAMESWAR RAO, J
FEBRUARY 11, 2020/ jg
1 issue framed by the court
Whether the settlement agreement dated December 20, 2019 should be taken on record under Section 151 CPC.
1 provisions across 1 enactments
SS ENERGY VENTURES PRIVATE LIMITED
GREEN INDRA WIND POWER GENERATION LIMITED
V. KAMESWAR RAO
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
