Siemens Product Lifecycle Management Software Inc. & ANR. v. Mr N Sreenivas & ANR

#22 $~ * IN THE HIGH COURT OF DELHI AT NEW DELHI + CS(COMM) 1278/2016 & I.A. 11379/2016 SIEMENS PRODUCT LIFECYCLE MANAGEMENT SOFTWARE INC. & ANR.

..... Plaintiffs Through Ms. Aarshia Behl, Advocate versus MR N SREENIVAS & ANR ..... Defendants Through Mr. Venkateshwar Rao Annmoly with Mr. Prabhkar Parnam, Advocates

CORAM:

HON'BLE MR. JUSTICE MANMOHAN

O R D E R

% 19.09.2017 I.A. 10878/2017 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 plaintiffs and defendants as well as by the parties to the litigation. Present application is also supported by affidavits of constituted attorney of the plaintiffs and the defendant no. 1 who is also the authorised representative of defendant no. 2.

Both the learned counsel state that the matter has been compromised in accordance with the terms mentioned in the Settlement Application being I.A. 10878/2017.

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 is of the opinion that the same is lawful.

Consequently, the suit is decreed in accordance with the Settlement Application being I.A. 10878/2017, a copy of 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 interim order dated 16th September, 2016 stands vacated.

MANMOHAN, J SEPTEMBER 19, 2017 rn