Cadila Healthcare Ltd v. M/S Radico Remedies & ORS

* IN THE HIGH COURT OF DELHI AT NEW DELHI + CS(OS) 3508/2012 and I.A. 22890/2012 Decided on 16.04.2015

IN THE MATTER OF:

CADILA HEALTHCARE LTD ..... Plaintiff Through: Mr. Kapil Midha, Advocate versus M/S RADICO REMEDIES AND ORS ..... Defendants Through: Mr. Umesh Mishra, Advocate

CORAM

HON'BLE MS.JUSTICE HIMA KOHLI HIMA KOHLI, J. (Oral) I.A. 7528/2015 (joint application u/O XXIII Rule 3 CPC) 1.

The present joint application has been filed by the parties stating inter alia that they have arrived at an out of court negotiated settlement, the terms and conditions whereof have been set out in para 3 of the application. Counsels for the parties state that the suit may be decreed in accordance with the terms and conditions recorded in the present application.

2.

The Court has pursued the present application. The same has been signed by the authorised representatives of the parties and their respective counsels and is duly supported by their affidavits. CS(OS) 3508/2012

3.

As counsels for the parties jointly state that their clients have arrived at the aforesaid settlement of their own free will and volition and without any undue influence or coercion from any quarters, there appears no legal impediment in accepting the said settlement. 4.

The compromise application is taken on record. The parties shall remain bound by the terms and conditions thereof. The suit is decreed in accordance with the settlement recorded in the application, while leaving the parties to bear their own costs. 5.

File be consigned to the record room.

(HIMA KOHLI) APRIL 16, 2015 JUDGE rkb/sk CS(OS) 3508/2012