Servesh Security Services Pvt. Ltd. v. Income Tax Department
Case brief
What is this about?
Delhi High Court; ARB.P. 1397/2024; Servesh Security Services Pvt Ltd v. Income Tax Department; Justice Subramonium Prasad; order dated 13.02.2025; petition under Section 11 Arbitration and Conciliation Act 1996; amicable settlement between parties; permission to withdraw granted; petition dismissed as withdrawn with pending applications; liberty to file fresh Section 11 petition; no merits adjudication; withdrawal on settlement.
What did the court decide?
Petition permitted to be withdrawn and dismissed as withdrawn, with pending application(s), if any, and liberty granted to file a fresh petition under Section 11 of the Arbitration and Conciliation Act, 1996, if need so arises. ¶13