Ion Exchange India Ltd. Vs Sinnar Thermal Power Ltd. & Anr.

The present application has been filed by the Petitioner under Order XXIII Rule 1 of CPC, seeking disposal of the present petition in terms of the settlement arrived at between the parties vide a Settlement Agreement dated 23.02.2026.

¶15

During the pendency of the present petition, the Parties have entered into the Settlement Agreement dated 23.02.2026, which reads as under:

¶16

Page 1 of 18

¶17

ARB.P. 1051/2022

¶18

This is a digitally signed order.

¶19

The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 09/03/2026 at 10:10:18

¶20

This is a digitally signed order.

¶21

Page 2 of 18

¶22

ARB.P. 1051/2022

¶23

The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 09/03/2026 at 10:10:18

¶24

This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 09/03/2026 at 10:10:18

¶25

Page 3 of 18

¶26

ARB.P. 1051/2022

¶27

This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 09/03/2026 at 10:10:18

¶28

Page 4 of 18

¶29

ARB.P. 1051/2022

¶30

This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 09/03/2026 at 10:10:18

¶31

Page 5 of 18

¶32

ARB.P. 1051/2022

¶33

Page 6 of 18

¶34

This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 09/03/2026 at 10:10:18

¶35

ARB.P. 1051/2022

¶36

This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 09/03/2026 at 10:10:18

¶37

Page 7 of 18

¶38

ARB.P. 1051/2022

¶39

Page 8 of 18

¶40

This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 09/03/2026 at 10:10:18

¶41

ARB.P. 1051/2022

¶42

This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 09/03/2026 at 10:10:18

¶43

Page 9 of 18

¶44

ARB.P. 1051/2022

¶45

Page 10 of 18

¶46

This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 09/03/2026 at 10:10:18

¶47

ARB.P. 1051/2022

¶48

Page 11 of 18

¶49

This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 09/03/2026 at 10:10:18

¶50

ARB.P. 1051/2022

¶51

Page 12 of 18

¶52

This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 09/03/2026 at 10:10:18

¶53

ARB.P. 1051/2022

¶54

This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 09/03/2026 at 10:10:18

¶55

Page 13 of 18

¶56

ARB.P. 1051/2022

¶57

This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 09/03/2026 at 10:10:18

¶58

Page 14 of 18

¶59

ARB.P. 1051/2022

¶60

This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 09/03/2026 at 10:10:18

¶61

Page 15 of 18

¶62

ARB.P. 1051/2022

¶63

This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 09/03/2026 at 10:10:18

¶64

Page 16 of 18

¶65

ARB.P. 1051/2022

¶66

This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 09/03/2026 at 10:10:18

¶67

Page 17 of 18

¶68

ARB.P. 1051/2022

¶69

This Court has gone through the Settlement Agreement dated 23.02.2026, terms of which are legal and lawful.

¶70

In view of the fact that settlement has been arrived at between the Parties, the petition is disposed of in terms of the Settlement Agreement dated 23.02.2026 entered into between the Parties. Pending applications, if any, also stand disposed of.

¶71

The Parties shall be bound by the terms of the Settlement Agreement dated 23.02.2026.

¶72

The application is disposed of in the aforesaid terms.

¶73

SUBRAMONIUM PRASAD, J

¶74

FEBRUARY 26, 2026 S. Zakir

¶75

ARB.P. 1051/2022

¶76

Page 18 of 18

¶77

This is a digitally signed order.

¶78

The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 09/03/2026 at 10:10:18

Ion Exchange India Ltd. v. Sinnar Thermal Power Ltd. & Anr.

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Ion Exchange India Ltd. v. Sinnar Thermal Power Ltd. & Anr.

Case brief

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