Petitioner sought permission to withdraw its arbitration-related petition, citing a settlement dated 23.07.2024 with the respondent. The respondent's counsel confirmed the settlement, and the court allowed withdrawal and dismissed the petition as withdrawn, cancelling the scheduled hearing date.
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$~42
versus
SUNIL TRADING COMPANY .....Respondent Through: Ms. Smita Maan and Mr. Abhinav, Advocates.
CORAM: HON’BLE MR. JUSTICE PRATEEK JALAN O R D E R
% 23.08.2024
I.A. 37236/2024 (for withdrawal of the petition) & O.M.P. (COMM) 279/2022
PRATEEK JALAN, J
AUGUST 23, 2024/ SS/
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1 issue framed by the court
Whether the petition could be withdrawn on the basis of a settlement between the parties.
Telecommunication Consultants India Ltd.
Sunil Trading Company
Prateek Jalan
As recorded by the court registry
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