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High Court of DelhiFAO (COMM)/168/2024

Shasmith Technologies Private Limited And ORS v. Max Healthcare Insititute Limited

2024-08-29Hon'Ble Mr. Justice Vibhu Bakhru,Hon'Ble Mr. Justice Sachin Datta1 pages

$~76 * IN THE HIGH COURT OF DELHI AT NEW DELHI + FAO (COMM) 168/2024, Cav. 412/2024, CM Nos.49165/2024 & 49166/2024 SHASMITH TECHNOLOGIES PRIVATE LTD. & ORS.....Appellants Through:

Ms.

Swathi Sukumar, Mr.

T.A.

Rahman, Mr. M. Shah Khan, Mr. R.

Agarwal, Mr. Anand Yusuf & Mr. Rafid Akhter, Advs.

Versus

MAX HEALTHCARE INSITITUTE LIMITED .....Respondent Through:

Mr.

R.

Kamath, Mr.

Siddharth Varshney & Mr. Yashraj, Advs.

CORAM:

HON'BLE MR. JUSTICE VIBHU BAKHRU HON'BLE MR. JUSTICE SACHIN DATTA

O R D E R

% 29.08.2024 1.

The appellants have filed the present appeal impugning an order (hereafter the impugned order) dated 26.07.2024 whereby a penalty of ₹5,00,000/- was imposed and was directed to be paid within a period of four weeks from date of the aforesaid order.

2.

After some arguments, the learned counsel appearing for the parties are agreeable that the aforesaid amount be reduced to ₹2,50,000/- to be paid by the appellants within a further period of six weeks from date. 3.

The impugned order is modified to the aforesaid extent. 4.

The appeal is disposed of in the aforesaid terms. The Caveat is discharged and the pending applications are also disposed of. VIBHU BAKHRU, J SACHIN DATTA, J AUGUST 29, 2024/'gsr'

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