M/S Jagriti Plastics Ltd v. M/S Markk Lamb Color Plus Ltd

$~2 * IN THE HIGH COURT OF DELHI AT NEW DELHI + CS(COMM) 121/2018 JAGRITI PLASTICS LTD ..... Plaintiff Through:

Mr. Sanjay Kumar, Adv. with Mr.

Nutan Vashishth, A.R. of plaintiff.

Versus

MARKK LAMB COLOR PLUS LTD ..... Defendant Through:

Mr. S.P. Budhiraja, Adv.

CORAM:

HON'BLE MR. JUSTICE RAJIV SAHAI ENDLAW

O R D E R

% 23.05.2018 1.

The parties in this suit for recovery of Rs.1,18,76,173/- were vide order dated 3rd April, 2018 referred to the Mediation Cell of this Court. 2.

Mediation has been successful with the efforts of Mr. Mohit Gupta and Ms. Asha Tiwari, Advocates/Mediators and a Settlement Agreement dated 6th April, 2018 purporting to be signed on behalf of the plaintiff and the defendant and their respective counsels and the Mediators has been received from the Mediation Cell of this Court. 3.

The counsel for the plaintiff and the counsel for the defendant support the settlement and seek a decree in terms thereof. 4.

I have perused the compromise arrived at between the parties as contained in the Settlement Agreement and find the same to be lawful. 5.

A decree is accordingly passed, in favour of the plaintiff and against the defendant, in terms of Settlement Agreement dated 6th April, 2018 which CS(COMM) 121/2018

shall form part of the decree sheet, leaving the parties to bear their own costs.

6.

A certificate entitling the plaintiff to refund of court fees paid, less Rs.15,000/-, be issued and handed over to the counsel for the plaintiff. Decree sheet be drawn up.

RAJIV SAHAI ENDLAW, J.

MAY 23, 2018 bs..

CS(COMM) 121/2018