Ascent Constructions Pvt. Ltd v. Supertech Limited

$~7 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ ARB.P. 144/2015 ASCENT CONSTRUCTIONS PVT. LTD ..... Petitioner Through Ms.Bhumika Kamra, Adv. along with Mr.

Rajeev Kaushal, Authorized Representative.

versus SUPERTECH LIMITED ..... Respondent Through Mr.Jitesh, Adv.

CORAM:

HON'BLE MR. JUSTICE MANMOHAN SINGH

O R D E R

% 15.03.2016 The petitioner has filed the present petition under Section 11 of the Arbitration and Conciliation Act, 1996. During the pendency of the suit, on 27th May, 2015 the matter was referred to the Samadhan, Delhi High Court Mediation and Conciliation Centre. After various meetings, the parties have settled their disputes. The original Settlement Agreement dated 15th March, 2016 is already placed on record. The Settlement Agreement is duly signed by the parties as well as their respective counsel. It is also signed by the learned Mediator. The parties shall be bound by the terms and conditions of the settlement. In view of the settlement, respondent has given 12 post dated cheques to the petitioner.

In view of the settlement, the petition is disposed of. MANMOHAN SINGH, J.

MARCH 15, 2016/vp