Vandana Kalra v. Sushma Gulhati & ORS

#10 $~ * IN THE HIGH COURT OF DELHI AT NEW DELHI + CS(OS) 850/2015 & I.A. 15761/2016 VANDANA KALRA ..... Plaintiff Through Mr. Lalit Gupta with Mr. Siddharth, Advocates with Mrs. Vandana Kalra, plaintiff.

versus SUSHMA GULHATI & ORS ..... Defendants Through Mr. P.D. Gupta, Senior Advocate with Mr. Atul Gupta, Advocate.

CORAM:

HON'BLE MR. JUSTICE MANMOHAN

O R D E R

% 22.11.2017 I.A. 13765/2017 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 the parties. Both the learned counsel state that the matter has been compromised in accordance with the terms mentioned in the present compromise application being I.A. 13765/2017.

Today in Court, learned counsel for the defendants has handed over to learned counsel for the plaintiff following two pay orders:- Sl.

No.

Pay Order No.

Dated Amount In favour of 1.

557339 18/11/2017 75,00,000/- The Karur Vysya Bank Ltd., Karol Bagh, New Delhi 2.

557340 18/11/2017 75,00,000/- The Karur Vysya Bank Ltd., Karol Bagh, New Delhi Total 1,50,00,000/- Both the learned counsel further assure and undertake to this Court that the parties shall comply with the settlement terms mentioned in the present compromise application.

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, present suit is decreed in accordance with the present compromise application being I.A. 13765/2017, which is marked as Ex. C-1. Registry is directed to prepare a decree sheet accordingly. With the aforesaid observations, present application is allowed and the suit and pending application stand disposed of. The interim order passed by this Court stands vacated.

MANMOHAN, J NOVEMBER 22, 2017 rn