M/S Futech Projects (India) Pvt Limited v. Abbott Healthcare Pvt Limited & ANR

$~28 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ FAO(OS) 52/2016 M/S FUTECH PROJECTS (INDIA) PVT LIMITED ..... Appellant Through Mr Manu Seshadri with Ms Sahiba Ahluwalia, Advocates.

versus ABBOTT HEALTHCARE PVT LIMITED & ANR ..... Respondents Through Mr Pranaya Goyal with Mr Shubham Kulshreshtha, Advocates for respondent No.1.

CORAM:

HON'BLE MR. JUSTICE BADAR DURREZ AHMED HON'BLE MR. JUSTICE SANJEEV SACHDEVA

O R D E R

% 19.02.2016 CM No.6044/2016 (exemption) Exemption is allowed subject to all just exceptions. FAO(OS) 52/2016 The learned counsel for the appellant as also the learned counsel for the respondents state that the parties have settled amongst themselves insofar as the dispute pertaining to the encashment of the bank guarantees is concerned. It is in these circumstances that the learned counsel for the appellant seeks withdrawal of the appeal.

The appeal is dismissed as withdrawn.

This withdrawal shall not prejudice the rights and contentions of the parties in the arbitration proceedings.

BADAR DURREZ AHMED, J SANJEEV SACHDEVA, J FEBRUARY 19, 2016/st