Novartis Ag & ORS. v. Novartis Bio Chemicals & ORS.
$~35 *
IN THE HIGH COURT OF DELHI AT NEW DELHI
+ CS(COMM) 194/2024 & I.A. 5201/2024 NOVARTIS AG & ORS.
.....Plaintiffs Through:
Ms. Mamta Rani Jha, Ms. Anupriya Shyam & Ms.
Anjeeta Rani, Advocates.
versus NOVARTIS BIO CHEMICALS & ORS.
.....Defendants Through:
Ms. Shreya Gagneja & Mr. Zafar, Advocates.
CORAM:
HON'BLE MR. JUSTICE AMIT BANSAL
O R D E R
% 27.05.2025 1.
The parties have settled their disputes in the mediation proceedings before the Delhi High Court Mediation and Conciliation Centre. 2.
The Settlement Agreement dated 17th May, 2025 (hereinafter 'Settlement Agreement'), which bears the signatures of the authorised representatives of the plaintiffs as well as the defendants, has been placed on record.
3.
I have gone through the terms of the Settlement Agreement and find the same to be lawful.
4.
Parties shall remain bound by the terms of the Settlement Agreement. 5.
In terms of clause (m) of the Settlement Agreement, a Demand Draft of ₹ 2,50,000/- has been handed over by counsel for the defendants to the counsel for the plaintiffs in Court today.
CS(COMM) 194/2024 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 29/05/2025 at 12:38:39
6.
Accordingly, the present suit is decreed in terms of the aforesaid Settlement Agreement. The Settlement Agreement shall form part of the decree.
7.
Let the decree sheet be drawn up.
8.
The pending application stands disposed of.
9.
Since the matter has been settled between the parties in mediation proceedings, the Registry is directed to issue a certificate of refund of 100% of the Court Fees in favour of the plaintiffs, in terms of Section 16 of the Court Fees Act, 1870 read with Section 89 Code of Civil Procedure, 1908. AMIT BANSAL, J MAY 27, 2025 at CS(COMM) 194/2024 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 29/05/2025 at 12:38:39