Allowed

State Trading Corporation of India Limited v. Adani Enterprises Ltd. & Anr.

Delhi HC9 Sept 2024O.M.P. (COMM)/248/2022

Case brief

AI extract

What is this about?

The petitioner and respondents filed a joint application to dispose of O.M.P.(COMM) 248/2022 based on a settlement agreement dated 02.09.2024. The court observed that a related enforcement petition had already been disposed of upon payment of the settled amount. Consequently, the court allowed the application and disposed of the present petition, cancelling the next hearing date.

What did the court decide?

Application I.A. 38744/2024 allowed; O.M.P.(COMM) 248/2022 disposed of; next hearing date 11.09.2024 cancelled.

State Trading Corporation of India Limited Vs Adani Enterprises… — Arbitration | Delhi HC (2024)

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$~40

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* IN THE HIGH COURT OF DELHI AT NEW DELHI

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O.M.P. (COMM) 248/2022

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STATE TRADING CORPORATION OF INDIA LIMITED .....Petitioner

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Through: Mr. Sanjeev Puri, Senior Advocate with Ms. Pragya Puri, Advocate.

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versus

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ADANI ENTERPRISES LTD & ANR. .....Respondents Through: Mr. Vishal Gehrana, Ms. Aakriti Vohra, Ms. Vasu Singh & Ms. Megha Dugar, Advocates for R-1.

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CORAM: HON’BLE MR. JUSTICE PRATEEK JALAN

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O R D E R % 09.09.2024

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I.A. 38744/2024 ( Application on behalf of the parties seeking disposal of O.M.P.(COMM) 248/2022 in terms of settlement agreement dated 02.09.2024 )

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This is a joint application by the parties, seeking to place on record a settlement agreement dated 02.09.2024, by which the disputes have been settled. The application is signed by the authorised representatives of both sides and their counsel. It is also accompanied by affidavits of the authorised representatives. The settlement agreement has also been placed on record, signed by the authorised representatives of both parties. 2. Pursuant to the settlement agreement, the petition under Section 36

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Page 1 of 2

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O.M.P. (COMM) 248/2022

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This is a digitally signed order.

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The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 11/09/2024 at 12:40:01

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of the Arbitration and Conciliation Act, 1996 [O.M.P.(ENF.) (COMM) 202/2022] has been disposed of by an order dated 04.09.2024. It is recorded in the said order that the settled amount has been handed over by the petitioner herein to learned counsel for the respondent No. 1 in Court.

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In view of the above, I.A. 38744/2024 is allowed and O.M.P.(COMM) 248/2022 stands disposed of.

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The next date of hearing i.e. 11.09.2024 stands cancelled.

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PRATEEK JALAN, J

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SEPTEMBER 9, 2024 ‘pv’/

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Page 2 of 2

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O.M.P. (COMM) 248/2022

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This is a digitally signed order.

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The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 11/09/2024 at 12:40:01

State Trading Corporation of India Limited v. Adani Enterprises Ltd. & Anr.

Case brief

What is this about?

What did the court decide?

State Trading Corporation of India Limited v. Adani Enterprises Ltd. & Anr.

Case brief

What is this about?

What did the court decide?

What the court decided

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