M/S Jindal Steel & Power Ltd. v. M/S Punjlloyd Ltd.

$~CP-5 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ CO.PET. 616/2014 M/S JINDAL STEEL & POWER LTD.

..... Petitioner Through Mr.Shyam Kumar, Ms.Sonali Jaitley and Mr.Jaiyesh Bakshi, Advs.

versus M/S PUNJLLOYD LTD.

..... Respondent Through Mr.J.P.Sengh, Sr.Adv.

with Mr.Akhilesh Gupta, Mr.Kamlajeet Singh and Mr.Sumer Dev, Advs.

CORAM:

HON'BLE MR. JUSTICE JAYANT NATH

O R D E R

% 17.07.2018 CA 780/2018 This application is filed seeking to withdraw the present petition in terms of the consent terms with liberty to revive the same in case there is violation of the terms of the settlement between the parties. Application is allowed.

CO.PET. 616/2014 The petition is dismissed as withdrawn. Respondent will comply with the terms and conditions of the Settlement Agreement. In case there is default, liberty is granted to the petitioner to move an appropriate application for revival of the present petition. Petition stands disposed of.

JAYANT NATH, J JULY 17, 2018 n