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High Court of DelhiCO.PET./472/2013

Mithila Marketing Agency v. Manav Breweries Pvt Ltd

2017-03-21Hon'Ble Mr. Justice Siddharth Mridul2 pages

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IN THE HIGH COURT OF DELHI AT NEW DELHI

+ CO.PET. 472/2013 MITHILA MARKETING AGENCY ..... Petitioner Through Mr. Sujeet Kumar Mishra and Mr.

Haider Ali, Advocates versus MANAV BREWERIES PVT LTD ..... Respondent Through Mr. Francesca Kapur, Advocate

CORAM:

HON'BLE MR. JUSTICE SIDDHARTH MRIDUL

O R D E R

% 21.03.2017 Learned counsel appearing on behalf of the parties, state in unison, that the underlying dispute that led to the institution of the present company petition has been amicably settled between the parties with the aid and assistance of Delhi High Court Mediation and Conciliation Centre and the terms and conditions of the settlement are enshrined in the Settlement Agreement dated 16th November, 2016.

The said Settlement Agreement dated 16th November, 2016 entered into between the parties is lawful and the same is taken on record. The parties shall abide by the terms and conditions of the said Settlement Agreement without demur.

In view of the settlement arrived at between the parties as aforesaid, learned counsel appearing on behalf of the petitioner seeks leave to withdraw the present company petition with liberty to revive the same in the

event, the respondent fails to comply with the terms and conditions of the aforesaid settlement.

Leave and liberty granted.

Consequently, the present company petition is dismissed as withdrawn and disposed of accordingly.

SIDDHARTH MRIDUL, J MARCH 21, 2017 sd