Britannia Industries Ltd v. Itc Ltd

#18 $~ * IN THE HIGH COURT OF DELHI AT NEW DELHI + CS(COMM) 1208/2016 & I.A. 10781/2016 BRITANNIA INDUSTRIES LTD ..... Plaintiff Through Ms. Ishani Chandra with Mr. Ankit Rastogi and Mr. Bibhunanda Mishra, Advocates versus ITC LTD ..... Defendant Through Mr. Sudeep Chatterjee with Ms. Nupur Lamba, Advocates

CORAM:

HON'BLE MR. JUSTICE MANMOHAN

O R D E R

% 12.02.2018 I.A. 2023/2018 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 defendant as well as by the parties to the litigation. Present application is also supported by affidavits of authorized representatives of the plaintiff and the defendant. Both the learned counsel state that the matter has been compromised in accordance with the terms mentioned in the settlement application being I.A. 2023/2018.

Both the learned counsel further assure and undertake to this Court that the parties shall comply with the Settlement terms mentioned in the aforesaid settlement 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 is of the opinion that the same is lawful.

Consequently, the suit is decreed in accordance with the settlement application being I.A. 2023/2018, 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 next date of hearing i.e. 19th February, 2018 stands cancelled.

MANMOHAN, J FEBRUARY 12, 2018 rn