Acevector Ltd. v. Space Wood Furnishers Pvt. Ltd.
$~44-45 *
IN THE HIGH COURT OF DELHI AT NEW DELHI
+ O.M.P. (COMM) 134/2024 & I.A. 9891/2025, I.A. 6676/2024, I.A. 6674/2024, I.A. 6675/2024 ACEVECTOR LTD ......Petitioner Through:
Mr. Arun Srikumar, Mr. Ritwik Gupta, Advs versus SPACE WOOD FURNISHERS PVT. LTD.
.....Respondent Through:
Mr. Garvesh Kabra, Mr.
Ankur Agnihotri Advs.
+ O.M.P. (COMM) 251/2024 SPACEWOOD FURNISHERS PRIVATE LIMITED .....Petitioner Through:
Mr. Garvesh Kabra, Mr.
Ankur Agnihotri Advs.
versus ACEVECTOR LIMITED .....Respondent Through:
Mr. Arun Srikumar, Mr. Ritwik Gupta, Advs
CORAM:
HON'BLE MR. JUSTICE JASMEET SINGH
O R D E R
% 28.07.2025 1.
These are petitions filed under section 34 of Arbitration and Conciliation Act, 1996 seeking to challenge the Arbitral Award dated 11.12.2023.
2.
The parties have arrived at a settlement and have filed a joint settlement application bearing No.
I.A.
9891/2025 in O.M.P.
(COMM) 134/2024.
3.
The obligations under the Settlement Agreement have also been fully complied with.
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 05/08/2025 at 12:12:36
4.
For the said reasons and binding the parties to the terms of the Settlement Agreement, the petitions are disposed of. JASMEET SINGH, J JULY 28, 2025 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 05/08/2025 at 12:12:36