High Court of DelhiCS(COMM)/528/2016

Agson Global Pvt Ltd v. Olam Agro India Ltd & ORS

2017-09-22Joint Registrar (Judicial) Sh. Pankaj Gupta (Dhjs)2 pages

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI + CS(COMM) 528/2016 AGSON GLOBAL PVT LTD ..... Plaintiff Through: Mr. Tanmaya Mehta, Advocate.

versus OLAM AGRO INDIA LTD & ORS ..... Defendants Through: Ms. Gargi Jha, Advocate for Mr. Tanuj Bhushan, Advocate.

CORAM:

HON'BLE MR. JUSTICE MANMOHAN

O R D E R

% 22.09.2017 I.A. 11162/2017 in CS(COMM) 528/2016 Present joint application has been filed under Order 23 Rule 3 read with Section 151 CPC. The same is duly signed by learned counsel for the plaintiff and defendants as well as by the parties to the litigation. Present application is also supported by affidavits of authorized signatories of the plaintiff and the defendants. Both the learned counsel state that the matter has been compromised in accordance with the terms mentioned in the original Settlement Agreement dated 20th September, 2017 which has been annexed to the present application.

Both the learned counsel further assure and undertake to this Court that the parties shall comply with the Settlement terms mentioned in the

aforesaid Settlement Agreement.

The aforesaid statements, assurances and undertakings as well as undertakings given by learned counsel for the parties are accepted by this Court and parties are held bound by the same. This Court has also perused the compromise application and Settlement Agreement and is of the opinion that they are lawful. Consequently, the suit and counter-claim are decreed in accordance with the Settlement Agreement dated 20th September, 2017, which is marked as Ex. C-1. Registry is directed to prepare a decree sheet accordingly. Registry is also directed to issue to the authorised representatives of the plaintiff and defendants a certificate authorizing them to receive back from the Collector the half amount of the Court fees paid by them in the present suit and counter-claim.

With the aforesaid observations, present application is allowed and the suit, counter-claim and all pending applications stand disposed of. The next date of hearing i.e. 26th October, 2017 stands cancelled. Order dasti.

MANMOHAN, J SEPTEMBER 22, 2017 js