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High Court of DelhiCS(COMM)/331/2017

M/S Jai Gopal International Impex Pvt Ltd v. M/S G.K. Lumber Mills Pvt Ltd & ORS

2019-10-16Hon'Ble Mr. Justice V. Kameswar Rao2 pages

$~3 * IN THE HIGH COURT OF DELHI AT NEW DELHI + CS(COMM) 331/2017 M/S JAI GOPAL INTERNATIONAL IMPEX PVT LTD ..... Plaintiff Through:

Mr. Bharat Gupta and Mr. Varun Tyagi, Advs.

versus M/S G.K. LUMBER MILLS PVT LTD & ORS ..... Defendants Through:

Mr. T.S. Ahuja and Mr. Varun S.

Ahuja, Advs. with Mr. Shimu Kapoor, AR of the Company.

CORAM:

HON'BLE MR. JUSTICE V. KAMESWAR RAO

O R D E R

% 16.10.2019 As noted in the order dated September 24, 2019, the parties have settled their inter se disputes before the Delhi High Court Mediation and Conciliation Centre which has also filed the settlement agreement dated August 26, 2019 running into 9 pages including Annexures-A and B. In view of the terms and conditions of the settlement agreement which binds the defendant Company as also Mr. Shimu Kapoor the Director of the defendant Company, it was felt appropriate by the parties to implead Mr. Shimu Kapoor as party defendant.

Amended memo of parties has been filed by both the parties today in the court. The same is taken on record. The settlement agreement is also taken on record and is marked as Exhibit - A. Learned counsel for the parties states, the parties shall be bound by the terms of the settlement

agreement, marked as Exhibit - A. Their statements are taken on record. They also state that the suit be disposed of in terms of the settlement agreement. Ordered accordingly.

V. KAMESWAR RAO, J OCTOBER 16, 2019/jg