Compact Diagnostic Pvt Ltd v. Axis Bank & ORS

$~5.

* IN THE HIGH COURT OF DELHI AT NEW DELHI + CS(OS) 1136/2010 and I.A. 7693/2010, 7694/2010, 8920/2010, 14430/2010 COMPACT DIAGNOSTIC PVT LTD ..... Plaintiff Through: Mr. Nikhil Nayyar, Advocate with Mr. Dhananjay Baijal, Advocate versus AXIS BANK & ORS ..... Defendants Through: Mr. Chander Shekhar, Advocate for D-2 and D-3.

CORAM:

HON'BLE MS. JUSTICE HIMA KOHLI

O R D E R

% 19.11.2015 1.

Counsels for the plaintiff and the defendants No.2 and 3 jointly state that they have arrived at a settlement as reduced into writing vide Deed of Settlement dated 29.10.2015, which they propose to file before the Company Law Board. True copy of the Deed of Settlement dated 29.10.2015 is handed over by the counsels for the parties and taken on record.

2.

Counsel for the plaintiff states that in terms of the settlement recorded in the Deed of Settlement, the plaintiff has undertaken to withdraw the present suit and he, therefore, seeks leave to do so. Counsel for the defendants No.2 and 3 confirms the aforesaid position. CS(OS) 1136/2010

3.

Leave, as prayed for, is granted. The suit is dismissed as withdrawn alongwith the pending applications in view of the settlement arrived at between the parties.

HIMA KOHLI, J NOVEMBER 19, 2015 rkb CS(OS) 1136/2010