Havells India Limited v. Yash Royal Cables India Ltd. & ANR.

$~24 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ CS(COMM) 538/2023 & I.A.5747/2025, I.A.5749/2025 HAVELLS INDIA LIMITED .....Plaintiff Through:

Mr. Kunal Vats, Advocate.

versus YASH ROYAL CABLES INDIA LTD. & ANR.

.....Defendants Through:

Ms. Aniruddha Deshmukh and Mr.

Jatin Kadam, Advocates for D-1.

Mr. Mustafa Alam, Advocate for D-2.

CORAM:

HON'BLE MR. JUSTICE AMIT BANSAL

O R D E R

% 04.03.2025 I.A.5747/2025 and I.A. 5749/2025 (for recording of settlement) 1.

Both the aforesaid applications are joint applications filed on behalf of the plaintiff and the defendants no.1 and 2 respectively for recording terms of compromise.

2.

I.A. 5747/2025 has been filed for recording of the settlement between the plaintiff and the defendant no.2.

3.

The terms of settlement are given in paragraph 3 of the aforesaid application.

4.

I have gone through the terms of the settlement and find the same to be lawful.

5.

Parties shall remain bound by the terms of the settlement. 6.

Counsel for the plaintiff confirms that costs of Rs.2,00,000/- have CS(COMM) 538/2023 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 01/07/2025 at 10:59:09

been received from the defendant no.2.

7.

I.A. 5749/2025 has been filed for recording of the settlement between the plaintiff and defendant no.1.

8.

The terms of the settlement are given in paragraph 4 of the aforesaid application.

9.

I have gone through the terms of the settlement and find the same to be lawful.

10.

Parties shall remain bound by the terms of the settlement agreement. 11.

In view of the above, both the applications are allowed. CS(COMM) 538/2023 12.

In view of the order passed above in I.A. 5747/2025 and I.A. 5749/2025, the suit is decreed in favour of the plaintiff and against defendants no.1 and 2. The aforesaid applications shall form part of the decree.

13.

Decree sheet be drawn up accordingly.

14.

In view of the fact that the matter has been settled at initial stage, the Registry is directed to issue a certificate of refund of 50% of the Court Fees in favour of the plaintiff, in terms of Section 16A of the Court Fees Act, 1870.

AMIT BANSAL, J MARCH 4, 2025 Vivek/- CS(COMM) 538/2023 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 01/07/2025 at 10:59:09