Disposed
Amit Vadhera & Anr. v. M/S Vardhman Infrabuild Pvt. Ltd.
Delhi HCARB.P./122/2024
Case brief
AI extract
What is this about?
Petition for appointment of arbitrator was disposed after the parties settled at mediation on 01.07.2024, with the respondent agreeing to pay ₹2.75 crores. The court took the settlement on record, bound the parties to its terms and granted liberty to invoke legal remedies if it is not adhered to.
What did the court decide?
Settlement dated 01.07.2024 taken on record; parties bound to terms; petitioner given liberty to invoke legal remedies if not adhered to.