M/S Industrial Foams Pvt. Ltd. v. M/S Ajms Engineers Pvt. Ltd

$~26 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ CO.PET. 635/2014 & CO.APPL.2381/2014 M/S INDUSTRIAL FOAMS PVT. LTD.

..... Petitioner Through:

Ms. Shweta S. Parihar, Advocate with Mr. Mukul Kumar Manchanda, Advocate versus M/S AJMS ENGINEERS PVT. LTD ..... Respondent Through:

None

CORAM:

HON'BLE MR. JUSTICE SIDDHARTH MRIDUL

O R D E R

% 24.11.2016 Learned counsel appearing on behalf of the parties, state in unison, 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 Settlement Agreement dated 04.05.2016.

The Settlement Agreement dated 04.05.2016 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 Settlement Agreement dated 04.05.2016 without demur.

In view of the foregoing, learned counsel appearing on behalf of the petitioner seeks leave to withdraw this petition. Leave granted.

The petition is dismissed as withdrawn and disposed of accordingly. Pending application also stands disposed of.

SIDDHARTH MRIDUL, J NOVEMBER 24, 2016 dn