Disposed
M/S Somerset Houses Pvt. Ltd. v. M/S Cottage Industries Exposition Ltd.
Delhi HCARB.P./1187/2023
Case brief
AI extract
What is this about?
Related arbitration petitions disposed of after parties amicably settled the dispute through mediation at the Delhi High Court Mediation and Conciliation Centre; a refund of Rs.20,00,000 deposited with the Registrar was permitted per the settlement deed.
What did the court decide?
Petitions disposed of following settlement; refund of Rs.20,00,000 deposit with interest allowed per Clause 5 of the Settlement Deed.