Ugro Capital through Its Legal Officer v. Rci Industries and Technologies Ltd. & Ors.
Case brief
What is this about?
Execution petitions filed by a decree-holder were withdrawn in view of a settlement dated 16.09.2023 between the parties. The court permitted withdrawal and directed that the parties remain bound by the terms of the settlement agreement.
What did the court decide?
Execution petitions EX.P. 20/2022, 30/2022, 38/2022, 70/2022 and 74/2022 permitted to be withdrawn; parties bound by settlement dated 16.09.2023.