Disposal of an appeal arising from a settled commercial dispute where parties entered a voluntary Deed of Settlement on July 6, 2019 without coercion.
Appeal dismissed; parties to abide by Deed of Settlement dated 06.07.2019; each party bears own costs.
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$~18
..... Appellant
Through : Counsel versus
POMEGRANTE COATERS PVT LTD
..... Respondent
Through : Mr.Aakash Khattar, Adv.
CORAM: HON'BLE MR. JUSTICE YOGESH KHANNA
O R D E R
% 14.01.2020
The parties have settled the dispute amicably vide Deed of Settlement dated 06.07.2019 in terms of paras 1 to 7 of the said agreement. It is stated by both the counsels that the parties have entered into settlement voluntarily without any undue influence and coercion. Admittedly some payments have since been made on dates mentioned in para 1 of the Deed of Settlement. Learned counsel for the appellant says the appellant shall honour the schedule of payments per serial No.8, 9 and 10 of para 1 of the deed on or before dates mentioned therein. The parties shall abide by the terms and conditions stipulated in the Deed of Settlement dated 06.07.2019.
The appeal stands disposed of in terms of the above. Pending applications are also disposed of.
Parties shall bear their own cost.
YOGESH KHANNA, J.
JANUARY 14, 2020 /VLD
DIAMOND FOOTCARE UDYOG PVT LTD
POMEGRANTE COATERS PVT LTD
YOGESH KHANNA
As recorded by the court registry
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