Disposed¶35

Zetwerk Manufacturing Businesses Pvt. Ltd. v. Pioneer Fabricators Pvt. Ltd.

Delhi HC20 Feb 2026ARB.P./854/2025

Case brief

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What is this about?

Delhi High Court; ARB.P. 854/2025; Zetwerk Manufacturing Businesses Pvt. Ltd. v. Pioneer Fabricators Pvt. Ltd.; decided 20.02.2026 by Mini Pushkarna, J.; arbitration petition disposed of pursuant to conciliation/settlement before Delhi High Court Mediation and Conciliation Centre; Conciliation Agreement dated 07.11.2025; settlement tested against Order XXIII Rule 3 CPC; respondent paid Rs. 33 lakhs; consent disposal.

What did the court decide?

Petition disposed of on the basis of the Conciliation Agreement dated 07 November 2025; parties declared bound by the settlement, under which the respondent paid Rs. 33 Lacs to the petitioner (full payment confirmed by petitioner's counsel). ¶35

Zetwerk Manufacturing Businesses Pvt. Ltd. Vs Pioneer Fabricators Pvt. Ltd. — Delhi HC (2026) — LawSathi Research

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$~2

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IN THE HIGH COURT OF DELHI AT NEW DELHI

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- ARB.P. 854/2025

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ZETWERK MANUFACTURING BUSINESSES PVT. LTD. .....Petitioner

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Through: Mr. Ankit Parhar, Ms. Sneha Dey and Mr. Tanish Gupta, Advs.

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versus

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PIONEER FABRICATORS PVT. LTD. .....Respondent Through: Mr. Anubhav Rastogi, Adv.

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CORAM: HON'BLE MS. JUSTICE MINI PUSHKARNA

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O R D E R 20.02.2026

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The parties have settled their disputes in the present proceedings before the Delhi High Court Mediation and Conciliation Centre.

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A Conciliation/Conciliated Agreement dated 07^th November, 2025 has been received from the Delhi High Court Mediation and Conciliation Centre and is placed on record, bearing the signatures of the parties and their respective counsels. In terms of the said Agreement, the respondent had to pay a total sum of Rs. 33 Lacs to the petitioner.

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Learned counsel appearing for the petitioner confirms that the full amount has been paid in terms of the Conciliation Agreement between the parties.

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Both the parties jointly submit that in view of the aforesaid Conciliation Agreement executed between the parties, the present petition may be disposed of.

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Page 1 of 7

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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 21/02/2026 at 10:53:56

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The Conciliation Agreement dated 07^th November, 2025, as entered into between the parties through the process of Conciliation before the Delhi High Court Mediation and Conciliation Centre, reads as under:

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This is a digitally signed order.

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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 21/02/2026 at 10:53:56

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Page 4 of 7

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This is a digitally signed order.

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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 21/02/2026 at 10:53:56

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Page 5 of 7

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This is a digitally signed order.

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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 21/02/2026 at 10:53:56

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The Court is satisfied that the settlement has been arrived at between the parties following due procedure and meeting the essentials specified in Order XXIII Rule 3 of the Code of Civil Procedure, 1908 (“CPC”).

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Therefore, the parties shall be bound by the aforesaid settlement.

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Accordingly, noting the aforesaid Conciliation Agreement dated 07^th November, 2025, and in view of the submissions of the parties, the present

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Page 6 of 7

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This is a digitally signed order.

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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 21/02/2026 at 10:53:56

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petition, is disposed of.

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MINI PUSHKARNA, J

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FEBRUARY 20, 2026/KR

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Page 7 of 7

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Zetwerk Manufacturing Businesses Pvt. Ltd. v. Pioneer Fabricators Pvt. Ltd.

Case brief

What is this about?

What did the court decide?

Zetwerk Manufacturing Businesses Pvt. Ltd. v. Pioneer Fabricators Pvt. Ltd.

Case brief

What is this about?

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Why is it important?

What the court decided

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