Fdc Limited v. M/S Dwd Pharmaceuticals Ltd & ANR

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI + CS(COMM) 160/2016 & I.As. 3128-3129/2016 FDC LIMITED ..... Plaintiff Through: Mr. Prithvi Singh, Advocate.

versus M/S DWD PHARMACEUTICALS LTD. & ANR. ..... Defendants Through: Ms. Kritika Sahni, Advocate.

CORAM:

HON'BLE MR. JUSTICE MANMOHAN

O R D E R

% 19.12.2018 I.A. 17431/2018 Present joint application has been filed under Order 23 Rule 3 read with Section 151 CPC. The same is duly signed by learned counsel for the plaintiff and defendants as well as by the parties to the litigation. Present application is also supported by affidavits of Corporate Manager and Directors of the plaintiff and defendants. Both the learned counsel state that the matter has been compromised in accordance with the terms mentioned in para 2 of the Settlement Application being I.A. 17431/2018.

Both the learned counsel further assure and undertake to this Court that the parties shall comply with the Settlement terms mentioned in the aforesaid Settlement Application.

The aforesaid statements, assurances and undertakings as well as

undertakings given by learned counsel for the parties are accepted by this Court and parties are held bound by the same. This Court has also perused the Settlement Application being I.A. 17431/2018 and is of the opinion that the same is lawful. Consequently, the suit is decreed in accordance with para 2 of the Settlement Application being I.A. 17431/2018, which is marked as Ex. C-1. Registry is directed to prepare a decree sheet accordingly. With the aforesaid observations, present application is allowed and the suit and pending applications stand disposed of. MANMOHAN, J DECEMBER 19, 2018 js