Cottage Industries Exposition Ltd. v. Somerset House Private Ltd. and Ors.
Case brief
What is this about?
The single judge disposed of arbitration and commercial court petitions as the parties had amicably settled their disputes before the Delhi High Court Mediation and Conciliation Centre. The refund of security deposit was ordered.
What did the court decide?
Refund of Rs.20,00,000/- and accrued interest to the petitioner as per Clause 5 of the settlement deed.