M/S Orchid Infrastructure Developers (P). Ltd. v. Five Star Construction Pvt. Ltd.
Case brief
What is this about?
Settlement-based disposal of commercial arbitration petition O.M.P. (COMM) 146/2019 (& I.A. 5150/2019), High Court of Delhi, decided 08.09.2025 by Justice Amit Bansal. Petitioner: M/s Orchid Infrastructure Developers (P) Ltd. (adv. Adya Rao); Respondent: Five Star Construction Pvt. Ltd (adv. Kawaljit Kochar, Senior Advocate, with team). Following mediation at the Delhi High Court Mediation and Conciliation Centre, a Settlement Agreement dated 29.08.2025 was placed on record and found lawful; Registry directed to release Rs. 45,00,000/- to the respondent and the balance with accrued interest to the petitioner; parties bound by settlement; petition and pending application disposed of.
What did the court decide?
Registry directed to release ₹45,00,000/- in favour of the respondent and the remaining amount with accrued interest in favour of the petitioner, in terms of the Settlement Agreement dated 29.08.2025; petition and pending application disposed of.