The court disposed of two connected arbitration petitions acknowledging a valid settlement agreement signed by authorized partners and the mediator, with full and final payment recorded.
Both petitions and pending applications disposed of on the terms of the settlement agreement.
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.
$~20 & 21
* IN THE HIGH COURT OF DELHI AT NEW DELHI
+ O.M.P. (COMM) 104/2017
M/S RITES LTD ..... Petitioner Through: Appearance not given.
versus
M/S NARAINDAS R. ISRANI ..... Respondent Through: Mr.G.S.Chaturvedi, Advocate
+ O.M.P. (COMM) 96/2020
M/S NARAINDAS R. ISRANI ..... Petitioner Through: Mr.G.S.Chaturvedi, Advocate
versus
M/S RITES LIMITED AND ANOTHER ..... Respondents Through: Appearance not given.
CORAM: HON’BLE MR. JUSTICE PRATEEK JALAN
O R D E R % 13.02.2020
letters in favour of both the signatories have been placed on record. The settlement agreement is also signed by counsel for both the parties and the learned mediator.
PRATEEK JALAN, J
FEBRUARY 13, 2020 „hkaur‟/s
O.M.P. (COMM) 104/2017 & Other Connected Matter
Page 2 of 2
2 issues framed by the court
Whether the pending arbitration petitions can be disposed of on the basis of a post-filing settlement agreement.
Whether the proper signatories to the settlement agreement were verified on record.
M/S Rites Ltd
M/S NaraIndAs R. IsrAni
M/S NaraIndAs R. IsrAni
M/S Rites Limited
PrateeK JAlAn
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
