Dismissed

Palm Insurance Brokers Private Limited v. Invoq Healthcare India Private Limited and Ors.

Delhi HC22 Jul 2024CS(COMM)/33/2024

Case brief

AI extract

What is this about?

The High Court of Delhi dismissed the present suit as withdrawn after the parties reached a settlement via the Delhi High Court Mediation and Conciliation Centre dated 19.07.2024 involving payment of settlement amounts and release of claim.

What did the court decide?

Suit dismissed as withdrawn and Registry directed to issue certificate for refund of full court fees.

Palm Insurance Brokers Private Limited Vs… — Contract and Commercial Disputes | Delhi HC (2024)

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IN THE HIGH COURT OF DELHI AT NEW DELHI

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- CS(COMM) 33/2024 & I.A No. 737/2024, I.A No. 31849/2024

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PALM INSURANCE BROKERS PRIVATE LIMITED.....Plaintiff

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Through: Mr. Rajaram C. Iyer, Mr. S.K. Giri, Mr. Ayandeb and Mr. Ashraf Belal, Advs.

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versus

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INVOQ HEALTHCARE INDIA PRIVATE LIMITED AND ORS

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.....Defendants Through: Mr. Sumit Gaur, Mr. Pulkit Srivastava, Mr. R. Ashok and Mr. Kumud Nijhawan, Advs. for D-1 to D-10 & D-12.

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CORAM: HON'BLE MR. JUSTICE VIKAS MAHAJAN O R D E R

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% 22.07.2024

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The learned counsel for the plaintiff, as well as, the defendant nos. 1 to 10 and 12 jointly submit that the matter was referred to the Delhi High Court Mediation and Conciliation Centre, where the parties have arrived at a settlement, terms whereof were reduced into writing in the form of Settlement Agreement dated 19.07.2024, which is on recod.

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A perusal of the said settlement shows that an amount of Rs. 1 crore was paid by the aforesaid defendant nos. 1 to 10 and 12 to the plaintiff on 19.07.2024 at the time of signing of the Settlement Agreement and the balance amount of Rs. 12 lacs is payable on or before 18.08.2024.

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In so far as the defendant no.11 is concerned, the learned counsel for the plaintiff submits that he is giving up his claim against the said defendant.

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This is a digitally signed order. 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 02/07/2025 at 15:22:26

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In view of the above, the learned counsel for the plaintiff wishes to withdraw the present suit and also urges the Court to refund the Court Fees. 5. Accordingly, the suit is dismissed as withdrawn.

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Since the suit has been compromised before the Delhi High Court Mediation and Conciliation Centre, the Registry is directed to issue certificate to the plaintiff for the refund of full amount of Court Fees paid in respect of present suit.

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VIKAS MAHAJAN, J

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JULY 22, 2024/dss

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Palm Insurance Brokers Private Limited v. Invoq Healthcare India Private Limited and Ors.

Case brief

What is this about?

What did the court decide?

Palm Insurance Brokers Private Limited v. Invoq Healthcare India Private Limited and Ors.

Case brief

What is this about?

What did the court decide?

What the court decided

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