Exxon Mobil Corporation v. Charanjit Sachdeva Trading As M/S Sachdeva Petrochem

$~38 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ CS(COMM) 11/2022 EXXON MOBIL CORPORATION .....Plaintiff Through:

Mr. Rahul Chaudhry and Mr. Akshay Bhardwaj, Advocates.

versus CHARANJIT SACHDEVA TRADING AS M/S SACHDEVA PETROCHEM .....Defendant Through:

Mr.

Bhavneshwar Tyagi and Mr.

Zahid Hanief, Advocates.

CORAM:

HON'BLE MR. JUSTICE TEJAS KARIA

O R D E R

% 23.12.2025 1.

The learned Counsel for the Plaintiff submits that during the pendency of the present Suit, the Parties have arrived at a Settlement and have entered into a Settlement Agreement dated 20.12.2025 ("Settlement Agreement"). 2.

The learned Counsel for the Parties have handed over a copy of the Settlement Agreement, which is taken on record. The learned Counsel for the Parties submit that the Suit may be decreed in terms of the Settlement Agreement.

3.

Accordingly, the present Suit is decreed in terms of the Settlement Agreement and the Parties are directed to be bound by the Terms of the Settlement Agreement. Let the Decree Sheet be drawn up accordingly. 4.

The Suit as well as all the pending Applications, if any, stand disposed of.

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 26/12/2025 at 11:50:55

5.

The learned Counsel for the Plaintiff submits that the Plaintiff is a foreign entity and the refund may be issued in favour of the Counsel for the Plaintiff. The learned Counsel for the Plaintiff seeks time to file authorisation in the form of Power of Attorney / Authorisation Letter for the same. Let the same be filed within a period of two weeks from date. 6.

Upon filing of the Power of Attorney / Authorisation Letter for refund of the Court Fees in the favour of the Plaintiff's Counsel, the Registry shall verify the same and issue the certificate of refund of the 50% Court Fees in the name of the Plaintiff's Counsel, in terms of Section 16A of the Court Fees Act, 1870.

7.

It is however, made clear that in case any dispute arises between the Parties and in the event, either Party approaches this Court for enforcement of the Settlement Agreement / Decree, the said Party or Parties will become liable to pay the entire Court Fees thereon.

TEJAS KARIA, J DECEMBER 23, 2025 ap 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 26/12/2025 at 11:50:55