S.R Rising Pvt. Ltd. v. M/S Tdi Infrastructure Ltd.
Case brief
What is this about?
Delhi High Court arbitration petition ARB.P. 471/2024; petitioner S.R Rising Pvt Ltd; respondent TDI Infrastructure Ltd (advocates Nishchint Rawat and Kamal Rathee); judge Subramonium Prasad; decided 19 March 2025; petition disposed of as infructuous following settlement evidenced by Settlement Agreement dated 28.10.2024; liberty to revive/re-approach Court if settlement terms breached; no statutory or case citations; no quantum involved.
What did the court decide?
Petition disposed of as having become infructuous (along with pending application(s), if any), with liberty reserved to the Petitioner to approach the Court again if the terms of the Settlement Agreement are not adhered to. ¶12