Servotech Electricals Private Limited v. Experion Developers Pvt. Ltd.
Case brief
What is this about?
Arbitration petition withdrawn after parties amicably settled at Delhi High Court Mediation and Conciliation Centre. Respondent handed a Rs. 9 lakh cheque; liberty to revive the petition if the cheque is dishonoured.
What did the court decide?
Petition permitted to be withdrawn as settled; liberty to revive if cheque dishonoured.