Surbhi Satcom Pvt. Ltd. v. M/S Impetus Technologies and Ors.
Case brief
What is this about?
Short consent order of the High Court of Delhi (Anup Jairam Bhambhani, J., 15.07.2025) in RFA 339/2024, CM APPL. 62165/2024 — Surbhi Satcom Pvt. Ltd. v. M/s Impetus Technologies and Ors. Counsel jointly sought disposal of the appeal in terms of Settlement Agreement dated 19.05.2025 reached through mediation before the Delhi High Court Mediation & Conciliation Centre. The appellant handed over a demand draft of Rs. 50 lacs to respondent No.1 in full and final settlement of the entire liability, and the appeal was disposed of as withdrawn with the signatory parties bound by the settlement; pending applications were disposed of. The appeal was not decided on merits. Relevant searches: settlement/mediation-based disposal, withdrawal of appeal, binding effect of mediated settlement agreements, full and final settlement payments.
What did the court decide?
Appeal permitted to be withdrawn and disposed of in terms of Settlement Agreement dated 19.05.2025; all parties who signed the settlement agreement held bound by its terms; demand draft of Rs. 50 lacs handed over to respondent No.1 towards full and final settlement.