91 Springboard Business Hub Private Limited v. Sg Infonet Solutions Private Limited
Case brief
What is this about?
Settlement-withdrawal disposal order. Arbitration petition ARB.P. 1926/2024 (Delhi High Court, 04.04.2025, Manmeet Pritam Singh Arora, J.) between 91 Springboard Business Hub Pvt Ltd (petitioner) and SG Infonet Solutions Pvt Ltd (respondent) was disposed of as withdrawn in terms of a conciliated agreement dated 26.03.2025 reached at the Delhi High Court Mediation and Conciliation Centre after the respondent paid the agreed amount satisfying all inter se claims; pending applications (if any) disposed of as infructuous. Cites no statute or precedent; useful only as a reference for post-conciliation withdrawal of arbitration petitions.
What did the court decide?
Leave to withdraw the petition granted; petition disposed of as withdrawn in terms of the conciliated agreement dated 26.03.2025, and pending applications (if any) disposed of as infructuous.