High Court of DelhiO.M.P. (COMM)/108/2016

Utsav & ORS. v. M/S Religare Finvest Ltd

2016-12-20Hon'Ble Dr. Justice S.Muralidhar2 pages

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI 12 & 13 + O.M.P. (COMM) 108/2016 UTSAV & ORS.

..... Petitioners Through: Mr. G. Tushar Rao, Mr. Mayank Sharma, Advocates.

versus M/S RELIGARE FINVEST LTD.

..... Respondent Through: Mr.Ajay Uppal, Advocate.

And + O.M.P. (COMM) 200/2016 UTSAV & ORS.

..... Petitioners Through: Mr. G. Tushar Rao, Mr. Mayank Sharma, Advocates.

versus RELIGARE FINVEST LTD .... Respondent Through: Mr.Ajay Uppal, Advocate.

CORAM: JUSTICE S.MURALIDHAR

O R D E R

% 20.12.2016

1. Learned counsel for the Respondent confirms that the accounts have been regularised. Counsel for the Petitioner assures that in terms of the agreement between the parties (as evidenced by the letter dated 25th November, 2016), the EMIs will be honoured.

2. The petitions are, accordingly, disposed of.

3. It will be open to the Respondent to approach the Court for appropriate directions in the event the above undertaking is not honoured. S.MURALIDHAR, J DECEMBER 20, 2016 mg