Mahalakshmi Infraengineers Pvt. Ltd. v. Mis Fakhruddin Memorial Cooperative Group Housing Society Ltd. & Anr.
Case brief
What is this about?
Execution petition under an arbitral award disposed of after parties settled before the Delhi High Court Mediation and Conciliation Centre. Court bound the parties to the settlement terms and permitted revival of the execution petition if the amount was not paid.
What did the court decide?
Petition disposed in terms of the settlement; liberty to revive execution on non-payment.