Lipi Gupta v. Sangeeta Agarwal

$~15 * IN THE HIGH COURT OF DELHI AT NEW DELHI + CS(OS) 291/2022 & I.As. 30699/2024, 30700/2024, 47523/2024 LIPI GUPTA .....Plaintiff Through:

Mr. Naveen Kumar Tripathi and Ms.

Saroj Tripathi, Advocates (Through VC) versus SANGEETA AGARWAL .....Defendant Through:

Mr. Dev Bharti, Mr. Gaurav Chauhan and Mr. Dev Suman, Advocates

CORAM:

HON'BLE MS. JUSTICE MANMEET PRITAM SINGH ARORA

O R D E R

% 07.05.2025 1.

This matter has been placed before this Court in view of the order dated 28.04.2025 passed by the Ld. Joint Registrar. 2.

The parties have amicably settled the matter in Samadhan, Delhi High Court Mediation and Conciliation Centre and have accordingly executed the settlement agreement dated 03.03.2025 before the Delhi High Court Mediation and Conciliation Centre.

3.

The statement of plaintiff and defendant confirming the due execution of the said settlement agreement and their acceptance thereof has been recorded by the Ld. Joint Registrar through separate statements on 28.04.2025.

4.

Learned counsel for the defendant states that the entire amount of Rs. 1.25 crores (inclusive of TDS) stands paid to the plaintiff. He states that TDS has already been deposited.

5.

He states that parties have agreed that the plaintiff will execute requisite registered transfer documents in favour of the defendant 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 13/05/2025 at 11:53:35 CS(OS) 291/2022

respect to the transfer of the 50% share in favour of the defendant. 6.

Learned Counsel for the plaintiff confirms the submissions of the defendant and states that in view of the aforesaid settlement agreement, the suit be decreed in terms of the settlement agreement. 7.

This Court has perused the terms of the settlement agreement and is satisfied that the parties have arrived at a lawful settlement which satisfies the requirement of Order XXIII Rule 3 CPC. Having regard to the aforesaid, there does not appear to be any impediment in decreeing the underlying suit in terms of the aforesaid Settlement Agreement. 8.

In view of the statements of the parties recorded by the Ld. Joint Registrar and their counsels recorded above, the terms of settlement are accepted and shall deemed to form part of this order. 9.

Consequently, the suit is decreed in terms of the settlement agreement dated 03.03.2025 executed between the parties, which is marked as Ex. C-1. The Registry is directed to draw up the decree accordingly. The settlement agreement shall form part of the decree.

10.

Interim order, if any, stands vacated.

11.

It is directed that the parties herein shall remain bound by the terms of the settlement agreement and will not act in any manner, which derogates from the obligations and undertaking recorded herein. 12.

All pending applications shall stand disposed of. 13.

Future dates stand cancelled.

MANMEET PRITAM SINGH ARORA, J MAY 7, 2025/rhc/ms Click here to check corrigendum, if any 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 13/05/2025 at 11:53:35 CS(OS) 291/2022