High Court of DelhiCONT.CAS(C)/146/2015

Virtuous Retail Ltd Thr Its Authorized Representative Saurabh Narain v. Kakade Construction Company Private Ltd Thr Its Director Sanjay Kakade & ORS

2016-11-04Hon'Ble Mr. Justice Manmohan2 pages

o6 #12-13

IN THE HIGH COURT OF DELHI AT NEW DELHI

* -h CONT.CAS(C) 144/2015 & CM APPLs. 23907/2015, 13896/2016, 15175/2016, 31097/2016, 40885/2016 VIRTUOUS RETAIL LTD THR ITS AUTHRISED REPRESENTATIVE SAURABH NARAIN Petitioner Through Mr. Sanjeev Puri, Senior Advocate with Mr. Kamal Shankar with Mr. Hardeep Sachdeva, Advocates versus KAKADE CONSTRUCTION COMPANY PRIVATE LTD THR ITS DIRECTOR SANJAY KAKADE & ORS Respondents Through Mr. Ajit Warrier with Mr. Dushyant Manocha, Advocates for R-1.

Mr. Amit Mahajan, CGSC with Mr. Krishnanu Barua, Advocate for R-4/ED.

WITH CONT.CAS(C) 146/2015 & CM APPL. 23857/2015, 31099/2016 VIRTUOUS RETAIL LTD THR ITS AUTHORIZED REPRESENTATIVE SAURABH NARAIN Petitioner Through Mr. Sanjeev Puri, Senior Advocate with Mr. Kamal Shankar with Mr. Hardeep Sachdeva, Advocates versus Certify that the digital and physical file have been compared and the digital data is as per the physical file and no page is missing.

KAKADE CONSTRUCTION COMPANY PRIVATE LTD THR ITS DIRECTOR SANJAY KAKADE & ORS Respondents Through Mr. Ajit Warrier with Mr. Dushyant Manocha, Advocates

CORAM:

HON'BLE MR. JUSTICE MANMOHAN

ORDER

% 04.11.2016 Learned counsel for the parties state that they have entered into a full and final settlement agreement dated 15^'' October, 2016 under which th respondents have paid Rs. 50 crores by way of Demand Draft dated 15 October, 2016 drawn on HDFC Bank.

Learned senior counsel for the petitioner states that in view of the aforesaid statement, petitioner has no further claim against the respondents. Learned counsel for the respondents assures and undertakes to this Court that respondents shall comply with the terms and conditions of the settlement agreement.

The statements made by both the counsel are accepted by this Court and both the parties are held bound by the same. In view thereof, present contempt petitions and pending applications are disposed of as satisfied and bailable warrants issued against respondent no. 3 are cancelled.

MANMOHAN, J NOVEMBER 04,2016 m