M/S Aero Club v. M/S Atlantic Export

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI + CS(COMM) 368/2017 M/S AERO CLUB ..... Plaintiff Through: Mr. Prithvi Singh, Advocate with Ms. Shwetasree Majumder and Mr. Utkarsh Joshi, Advocates.

versus M/S ATLANTIC EXPORT ..... Defendant Through: Ms. Anjali Sharma, Advocate with Mr. Shaswat Bhardwaj, Advocate.

CORAM:

HON'BLE MR. JUSTICE MANMOHAN

O R D E R

% 28.08.2017 I.A. 9750/2017 in CS(COMM) 368/2017 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 plaintiff and defendant as well as by the parties to the litigation. Present application is also supported by affidavits of authorized representative of the plaintiff and the proprietor of the defendant. Both the learned counsel state that the matter has been compromised in accordance with the terms mentioned in the compromise application being I.A. 9750/2017.

Both the learned counsel further assure and undertake to this Court that the parties shall comply with the Settlement terms mentioned in the

aforesaid compromise 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 compromise application, 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 all pending applications stand disposed of. The interim order dated 18th May, 2017 stands vacated.

The next dates of hearing i.e. 26th September, 2017 and 10th November, 2017 stand cancelled.

MANMOHAN, J AUGUST 28, 2017 js