M/S. Pda Trade Fairs (P) Ltd., v. M/S. Magalan Travel and Tours (P) Ltd.
Case brief
What is this about?
Karnataka HC Bengaluru, COMAP No.6 of 2023, decided 16-06-2026; bench Anu Sivaraman & Venkatesh Naik T (per Anu Sivaraman J). Commercial appeal under S.13(1) Commercial Courts Act 2015 by PDA Trade Fairs (P) Ltd. and PDA Hab Media and Trade Fairs P. Ltd. (now PDA Ventures (P) Ltd.) vs Magalan Travel and Tours (P) Ltd., challenging judgment/decree dated 31.10.2022 in Com.O.S. No.697 of 2021 (LXXXVIII Addl. City Civil & Sessions Judge, Exclusive Commercial Court, CCH-89). Referred to mediation; settlement recorded: Rs.4,79,272/- paid via DD No.005366 dt.11.06.2026 HDFC Bank in full and final settlement; mutual release of claims; no challenge to rejection of counter-claim; no social-media posts; refund of court fee Rs.63,340/- and deposit Rs.2,23,220/- (interim order dt.16.01.2023). Appeal disposed of in terms of settlement; decree to be drawn; pending IAs dismissed. No precedents cited.