Nippon Soda Co Ltd v. V.P. Goyal And ANR

$~15 * IN THE HIGH COURT OF DELHI AT NEW DELHI + CS(OS) 2011/2010 NIPPON SODA CO LTD ..... Plaintiff Through Ms. Vaishali Mittal and Ms. D.

Neha Reddy, Advs.

versus V.P. GOYAL AND ANR ..... Defendants Through Mr. Pankaj Kumar, Adv.

CORAM:

HON'BLE MS. JUSTICE INDERMEET KAUR

O R D E R

% 16.05.2017 I.A. No.6030/2017 & CS(OS) 2011/2010 This is a joint application filed under Order XXIII Rule 3 of the Code signed by the parties and duly supported by the affidavit of the authorized representative of the plaintiff as also defendant No.1. Terms of settlement are contained in para 3. Parties shall be bound by the terms and conditions contained therein. The settlement agreement along with the affidavit is collectively marked as Ex P-1. In terms of Ex P-1, the defendants have assigned the list of trademarks (mentioned in Ex P1) to the plaintiff. The plaintiff has undertaken to pay a sum of Rs.17 lacs to the defendants of which Rs.8.5 lacs has been paid and balance 50% will be paid after the suit is disposed of; learned counsel for the plaintiff points out that this amount shall be paid from the account of the firm which shall be reimbursed to the firm by his client.

Suit of the plaintiff stands decreed in terms of Ex. P-1. Order dasti under signatures of the Court Master. MAY 16, 2017/A INDERMEET KAUR, J