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High Court of DelhiCO.PET./481/2016

Goel Roadways v. Case Cold Roll Forming Limited

2016-12-07Hon'Ble Mr. Justice Siddharth Mridul3 pages

$~41 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ CO.PET. 481/2016 & CO. APPL. 2021/2016 GOEL ROADWAYS ..... Petitioner Through:

Ms. Bhumika Kapoor, Advocate with Mr.

Sunil Sharma, AR of the petitioner company versus CASE COLD ROLL FORMING LIMITED ..... Respondent Through:

Mr. Amrash Kumar Jha, Authorized Officer.

CORAM:

HON'BLE MR. JUSTICE SIDDHARTH MRIDUL

O R D E R

% 07.12.2016 Mr. Amrash Kuamr Jha, the Authorized Officer of the respondent company states that they have agreed to settle the amount outstanding qua the petitioner in the present petition and pay Rs.23,76,256/-, including Rs.2,20,000/- as legal fee as full and final settlement of the underlying dispute. Learned counsel appearing on behalf of the petitioner states that they have accepted the offer made on behalf of the respondent company and have received the following 48 post-dated cheques for the amounts mentioned therein towards settlement of their claims vis-a-vis the respondent company:- S.No.

Name of Party Cheque No.

Date Amount Goel Roadways 027836 07-12-16 35,000 Goel Roadways 027837 14-12-16 40,000 Goel Roadways 027838 21-12-16 35,000 Goel Roadways 027839 28-12-16 40,000 Goel Roadways 027840 07-01-17 35,000 Goel Roadways 027841 14-01-17 40,000 Goel Roadways 027842 21-01-17 35,000 Goel Roadways 027843 28-01-17 40,000

Goel Roadways 027844 07-02-17 35,000 Goel Roadways 027845 14-02-17 40,000 Goel Roadways 027846 21-02-17 35,000 Goel Roadways 027847 28-02-17 40,000 Goel Roadways 027848 07-03-17 35,000 Goel Roadways 027849 14-03-17 40,000 Goel Roadways 027850 21-03-17 35,000 Goel Roadways 027851 28-03-17 40,000 Goel Roadways 027852 07-04-17 35,000 Goel Roadways 027853 14-14-17 40,000 Goel Roadways 027854 21-14-17 35,000 Goel Roadways 027855 28-04-17 40,000 Goel Roadways 027856 07-05-17 35,000 Goel Roadways 027857 14-05-17 40,000 Goel Roadways 027858 21-05-17 35,000 Goel Roadways 027859 28-05-17 60,000 Goel Roadways 027860 07-06-17 65,000 Goel Roadways 027861 14-06-17 60,000 Goel Roadways 027862 21-06-17 65,000 Goel Roadways 027863 28-06-17 60,000 Goel Roadways 027864 07-07-17 65,000 Goel Roadways 027865 14-07-17 60,000 Goel Roadways 027866 21-07-17 65,000 Goel Roadways 027867 28-07-17 60,000 Goel Roadways 027868 07-08-17 65,000 Goel Roadways 027869 14-08-17 60,000 Goel Roadways 027870 21-08-17 65,000 Goel Roadways 027871 28-08-17 60,000 Goel Roadways 027872 07-09-17 65,000 Goel Roadways 027873 14-09-17 60,000 Goel Roadways 027874 21-09-17 65,000 Goel Roadways 027875 28-09-17 60,000 Goel Roadways 027876 07-10-17 65,000 Goel Roadways 027877 14-10-17 60,000 Goel Roadways 027878 21-10-17 65,000 Goel Roadways 027879 28-10-17 60,000 Goel Roadways 027880 07-11-17 65,000 Goel Roadways 027881 14-11-17 60,000 Goel Roadways 027882 21-11-17 65,000 Goel Roadways 027883 28-11-17 16256 2,376,256 In view of the foregoing, learned counsel appearing on behalf of the petitioner seeks leave to withdraw the present petition, subject to the respondent company undertaking to honour the aforementioned cheques on presentation at

the appropriate time, and with liberty to revive the same in the event any of the above post-dated cheques are dishonoured upon presentation. Mr. Amrash Kumar Jha, the Authorized Officer of the respondent company undertakes that the aforementioned cheques shall be honoured on presentation. The undertaking is accepted and shall also bind the respondent company.

The leave and liberty as prayed for is granted. The petition and pending application stand disposed of accordingly. SIDDHARTH MRIDUL, J DECEMBER 07, 2016 Aj