Divyanshu Aggarwal v. Amrit Chopra

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IN THE HIGH COURT OF DELHI AT NEW DELHI

+ RFA 374/2011 & CMs. 13551/2011 and 21288/2011 DIVYANSHU AGGARWAL ..... Appellant Through:

Mr. Deepak Jain, Mr. Tanpreet Gulati and Ms. Twisha Issar, Advocates.

versus AMRIT CHOPRA ..... Respondent Through:

Mr. Rajat Joseph, Advocate.

CORAM:

HON'BLE MR. JUSTICE VALMIKI J. MEHTA

O R D E R

% 02.08.2018 1.

After arguments, this appeal is disposed of with the consent order that the appellant will be entitled to from the respondent a total sum of Rs.10 lacs in full and final settlement between the parties with respect to any and every claim which any of the party may have against the other, arrived at from the third paragraph of the Agreement dated 1.2.2007 entered into between the parties viz for the selling of 20000 Equity Shares of DLF Ltd. at Rs.660 per share. This amount of Rs.10 lacs will be paid by the respondent to the appellant within a period of three months from today. 2.

It is also agreed and accordingly observed that the litigation/suit filed by the respondent, and which is presently pending in the court of Senior Judge, Civil Division, Chandigarh will be withdrawn on the appellant

being paid a sum of Rs.10 lacs within a period of three months as stated in the present order, and such withdrawal is in terms of compromise entered into between the parties as per the present order. 3.

The payment which is to be made by the respondent to the appellant as per the present order will be by any banking instrument and will be handed over by the counsel for the respondent to the counsel for the appellant.

4.

The appeal is accordingly disposed of in terms of the aforesaid consent order, leaving the parties to bear their own costs. VALMIKI J. MEHTA, J AUGUST 02, 2018 ib