Greaves Electric Mobility Limited v. Megnus Electrovision Private Limited & ANR.

$~19 * IN THE HIGH COURT OF DELHI AT NEW DELHI + CS(COMM) 662/2025 & I.A. 15713/2025 GREAVES ELECTRIC MOBILITY LIMITED .....Plaintiff Through:

Ms. Archana Sahadeva and Mr. Harshit Bhoi, Advocates.

versus MEGNUS ELECTROVISION PRIVATE LIMITED & ANR.

.....Defendants Through:

Mr. Ajay Nolakha, Advocate.

CORAM:

HON'BLE MR. JUSTICE TUSHAR RAO GEDELA

O R D E R

% 16.01.2026 1.

Under the aegis of the Delhi High Court Mediation and Conciliation Centre , the parties have been able to successfully resolve their disputes and the terms of settlement have been reduced into writing vide the Settlement Agreement dated 27.11.2025.

2.

This Court has perused the terms of settlement and finds no impediment in decreeing the Suit in terms thereof.

3.

Ms. Archana Sahadeva, learned counsel for the plaintiff submits that all those compliances which were required for settlement, have already been initiated and the plaintiff is satisfied to that extent. 4.

Learned counsel for the defendants states that in terms of the Settlement Agreement, the name has actually been changed and the compliance of the same has also been communicated to the plaintiff. 5.

The parties are bound with the terms of the Settlement Agreement. 6.

The Settlement Agreement be marked as Exhibit A, the terms whereof shall form part of the decree.

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 21/01/2026 at 13:29:55

7.

Accordingly, let the decree be drawn up in terms of the Settlement Agreement.

8.

The Suit is disposed of.

9.

Court Fees in terms of Section 16 of the Court Fees Act, 1870 shall be refunded to the plaintiff upon completion of all formal requisites, as per Rules. TUSHAR RAO GEDELA, J JANUARY 16, 2026 Sumit 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 21/01/2026 at 13:29:55