Allowed

Somya Constructions (P) Ltd. v. Pes Installations Pvt. Ltd.

Delhi HC2 Feb 2024RFA/266/2023

Case brief

AI extract

What is this about?

Application under Section 151 CPC allowed. The court directed the release of a fixed deposit amount along with accrued interest to the respondent, as per a settlement agreement, subject to verification of proof of identity. The appellant did not oppose the prayer.

What did the court decide?

Release of fixed deposit amount of Rs.4,30,438/- along with interest in favour of respondent.

Somya Constructions (P) Ltd. Vs Pes… — Civil Procedure and Limitation | Delhi HC (2024)

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$~76

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IN THE HIGH COURT OF DELHI AT NEW DELHI

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- RFA 266/2023

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SOMYA CONSTRUCTIONS (P) LTD. ..... Appellant Through: Ms.Adya Rao, Advocate

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versus

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PES INSTALLATIONS PVT. LTD. ..... Respondent Through: Mr.___, Advocate ((appearance not given)

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CORAM:

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HON'BLE MR. JUSTICE CHANDRA DHARI SINGH

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O R D E R

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% 09.02.2024

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CM APPL. No.8121/2024

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The present application under Section 151 of the Code of Civil Procedure, 1908, has been filed by the applicant respondent seeking release of Fixed Deposit amount of Rs.4,30,438/- lying deposited with the Court by the appellant/non-applicant. It is submitted that the in terms of the settlement agreement dated 5^th January, 2024 arrived at between the parties before the Delhi High Court Mediation and Conciliation Centre the respondent is entitled to withdraw the said amount along with the interest accrued thereupon.

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Heard the learned counsel appearing on behalf of the parties.

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Learned counsel appearing on behalf of the appellant does not oppose the prayer made by the learned counsel appearing on behalf of the respondent.

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In view of the above, the application is allowed and the Registry is

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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 16/12/2024 at 14:33:51

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directed to release the amount deposited by the appellant along with interest accrued thereupon in favour of the respondent subject to verification of proof of identity.

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In view of the aforesaid terms, the application stands disposed of.

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CHANDRA DHARI SINGH, J

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FEBRUARY 9, 2024 SV/DS

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Click here to check corrigendum, if any

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This is a digitally signed order.

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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 16/12/2024 at 14:33:51

Somya Constructions (P) Ltd. v. Pes Installations Pvt. Ltd.

Case brief

What is this about?

What did the court decide?

Somya Constructions (P) Ltd. v. Pes Installations Pvt. Ltd.

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

Statutes considered

Parties & counsel

Coram

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