Petitioner sought withdrawal of its Section 9 arbitration petition after parties entered a conciliation settlement dated December 2023 and acted upon it. The petition and pending application were dismissed as withdrawn.
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$~38
PAWAN IMPEX PRIVATE LIMITED ..... Petitioner Through: Mr. J. P. Sengh, Sr. Adv. with Mr. Ishu Bansal, Mr. Shashankn Sharma, Advs.
versus
SMARTWORKS COWORKING SPACES PRIVATE LIMITED ..... Respondent
Through: None.
CORAM:
HON'BLE MR. JUSTICE DINESH KUMAR SHARMA
I.A. 1652/2024 in O.M.P.(I) (COMM.) 341/2023
The present application has been filed on behalf of the petitioner under Section 151 CPC seeking withdrawal of OMP (I)COMM. No.341/2023 filed under Section 9 of the Arbitration and Conciliation Act.
Mr. J. P. Singh, learned senior counsel for the petitioner submits that the parties have entered into a conciliation settlement dated 21.12.2023.
Learned senior counsel submits that in view of the conciliation settlement he has received the instructions to withdraw the present petition.
Learned senior counsel submits that the parties have already acted upon the conciliation settlement.
In view of the submissions made, the present petition along with pending application stands dismissed as withdrawn.
DINESH KUMAR SHARMA, J
JANUARY 23, 2024/AR..
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2 provisions across 2 enactments
Pawan Impex Private Limited
Smartworks Coworking Spaces Private Limited
Dinesh Kumar Sharma
As recorded by the court registry
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