Springing from a Company Petition, this order records an out-of-court settlement mediated by the Court. The bench accepted the compromise terms as just and legal, directing parties to be bound by them. The petition was disposed of based on this settlement.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE HIGH COURT OF HIMACHAL PRADESH, SHIMLA Company Petition No.16 of 2014 Date of Decision : May 8, 2015
Suyog Engineers Private Limited through its Dierctor Mr. Sunil Vasantlal Mehta
…Petitioner.
Versus
Indox Wind Limited, through its Director …Respondent.
Coram:
The Hon’ble Mr. Justice Sanjay Karol, Judge. For the petitioner : Mr. Suneet Goel, Advocate. For the Respondent : Mr. Aman Sood, Advocate.
Sanjay Karol, Judge(Oral)
It is heartening to note that with the intervention of the learned counsel for the parties as also Mr. Ajay Kumar, Senior Advocate, who was requested by the Court to mediate, parties have arrived at an out of Court settlement. Efforts put in by the learned counsel as well as by the learned Mediator are highly appreciable.
The compromise is accepted. Parties are bound by the
…2…
terms of the compromise. Undertaking of the parties in terms of the compromise, through their learned counsel, is accepted and taken on record. They be made aware of the consequences of breach thereof.
Petition stands disposed of, so also pending application(s), if any.
( Sanjay Karol ), May 8, 2015(sd) Judge.
Suyog Engineers Private Limited
Indox Wind Limited
Sanjay Karol
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
