Rekha Poddar v. Parsvnath Developers Limited & ANR.

$~44 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ CO.PET. 628/2016 REKHA PODDAR ..... Petitioner Through Mr. Subhash C Jindal, Advocate versus PARSVNATH DEVELOPERS LIMITED & ANR. ..... Respondents Through Mr. Rahul Malhotra & Mr. Prabhakar Tiwari, Advocates

CORAM:

HON'BLE MR. JUSTICE SIDDHARTH MRIDUL

O R D E R

% 15.03.2017 Learned counsels appearing for the parties, state in unison, that that the underlying dispute that led to the institution of the present company petition has been amicably settled by and between the parties and the terms and conditions of the settlement are enshrined in the MOU dated 11th March, 2017.

A copy of the said MOU dated 11th March, 2017, has been handed over in the court today. The said MOU dated 11th March, 2017, 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 agreement dated 11th March, 2017, 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 accompanying company petition is dismissed as

withdrawn and disposed of accordingly.

Pending applications, if any, also stand disposed of.

SIDDHARTH MRIDUL, J MARCH 15, 2017 sm