Jharkand Integrated Power Ltd & ANR v. Jharkand Urja Vikas Nigam Ltd & ORS

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IN THE HIGH COURT OF DELHI AT NEW DELHI

+ CS(COMM) 255/2016 JHARKAND INTEGRATED POWER LTD & ANR ..... Plaintiffs Through:

Mr. Nitish K. Sharma, Advocate for P-1.

Mr. Rishi Agrawala and Mr. Anuj Malhotra, Advocates for P-2.

versus JHARKAND URJA VIKAS NIGAM LTD & ORS ..... Defendants Through:

Mr. Pulkit Agarwal, Advocate for D15.

Mr. Sunil Fernandes and Mr. Arav Vidyarthi, Advocates for D-17 and Mr. Nitish K. Sharma, Advocate for D -19.

CORAM:

HON'BLE MR. JUSTICE VALMIKI J. MEHTA

O R D E R

% 30.05.2018 I.A. No. 7672/2018 (for early hearing) 1.

This application is allowed and I.A. Nos. 7238/2018 and 7349/2018 are taken up for hearing.

I.A. stands disposed of.

I.A. Nos. 7238/2018 and 7349/2018 with CS(COMM) 255/2016 2.

These applications are allowed and in view of the compromise entered into between the parties this suit is disposed of as not pressed on account of settlement entered into between the parties.

CS(COMM) 255/2016

3.

In case of breach of any terms of the settlement, any of the parties is at liberty to file appropriate independent proceedings in the nature of suit or arbitration proceeding or otherwise.

4.

I.As and the suit accordingly stand disposed of. 5.

The next date of hearing 24.7.2018 stands cancelled. VALMIKI J. MEHTA, J MAY 30, 2018 AK CS(COMM) 255/2016