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High Court of DelhiCS(COMM)/729/2023

Upl Limited v. Triveni Chemicals And Industries Ltd. & ANR.

2025-03-27Hon'Ble Mr. Justice Amit Bansal2 pages

$~30 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ CS(COMM) 729/2023 with I.A. 20178/2023 and I.A. 41042/2024 UPL LIMITED .....Plaintiff Through:

Ms. Rajeshwari H. and Ms. Sawani Chothe, Advocates versus TRIVENI CHEMICALS AND INDUSTRIES LTD. & ANR.

.....Defendants Through:

Mr.

Amarendra Kumar Dubey, Advocate

CORAM:

HON'BLE MR. JUSTICE AMIT BANSAL

O R D E R

% 27.03.2025 1.

The parties were referred for mediation before the Delhi High Court Mediation and Conciliation Centre ('Mediation Centre') via order dated 4th November, 2024.

2.

Counsel for the parties submit that the parties have arrived at a settlement before the Mediation Centre.

3.

The Settlement Agreement dated 24th March, 2025 (hereinafter 'Settlement Agreement') has been placed on record and the same bears the signatures of the parties and their respective counsel. 4.

I have perused the terms of the Settlement Agreement and find the same to be lawful.

5.

The parties shall remain bound by the terms of the Settlement Agreement.

CS(COMM) 729/2023 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 29/03/2025 at 14:43:37

6.

In terms of the settlement agreement, the defendants have paid a sum of Rs.10,00,000/- towards cost and damages.

7.

In terms of the Settlement Agreement, the present suit is decreed in favour of the plaintiff and against the defendants in terms of prayers sought in paragraph no.61(a) of the plaint.

8.

The plaintiff does not press the remaining reliefs prayed for in the plaint.

9.

Let the decree sheet be drawn up. The Settlement Agreement shall form part of the decree.

10.

Since the matter has been settled in mediation proceedings, the Registry is directed to issue a certificate of refund of 100% of the Court Fees in favour of the plaintiff, in terms of Section 16 of the Court Fees Act, 1870, read with Section 89 of the Code of Civil Procedure, 1908. 11.

All pending applications stand disposed of.

AMIT BANSAL, J MARCH 27, 2025 ds CS(COMM) 729/2023 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 29/03/2025 at 14:43:37