Nidhi Sawhney v. Bop Projects Private Limited & ORS.
$~41, 42 *
IN THE HIGH COURT OF DELHI AT NEW DELHI
+ CO.PET. 1029/2016 NIDHI SAWHNEY .....
Petitioner Through:
Mr.Anuj Mirdha, Advocate versus BOP PROJECTS PRIVATE LIMITED & ORS.
..... Respondents Through:
Mr.Ritesh Khare & Mr. Pawan Kr.Ray, Advocates AND + CO.PET. 1031/2016 NIDHI SAWHNEY .....
Petitioner Through:
Mr.Anuj Mirdha, Advocate versus BOP PROJECTS PRIVATE LIMITED & ORS.
.....
Respondents Through:
Mr.Ritesh Khare & Mr.Pawan Kr.Ray, Advocates
CORAM:
HON'BLE MR. JUSTICE SIDDHARTH MRIDUL
O R D E R
% 12.04.2017
Learned counsel appearing on behalf of the parties, state in unison, that the underlying dispute that led to the institution of the present company petition has been amicably settled by and between the parties and the terms and conditions of the settlement are enshrined in the Settlement Agreement dated 10th April, 2017. Counsel appearing on behalf of the respondent company has handed over in Court today a demand draft bearing No. 752840 in the sum of Rs. 2,00,000/-in favour of Nidhi Sawhney payable at Delhi to counsel appearing on behalf of the petitioner in pursuance to the said compromise/settlement deed dated 10th April, 2017. I have perused the terms and conditions contained in the Settlement dated 10th April, 2017 entered into between the parties, the same is lawful and is taken on record. The parties shall abide by the terms and conditions of the said Settlement Agreement dated 10th April, 2017 without demur.
In view of the settlement arrived at between the parties as aforesaid, learned counsel appearing on behalf of the petitioner seeks leave to withdraw the present company petition with liberty to revive the same in the event the respondent company defaults in performing its obligations under the agreement.
Leave granted.
Consequently, the accompanying company petition is dismissed as withdrawn and disposed of accordingly. Pending applications, if any, also stand disposed of.
The interim order dated 24th October, 2016 passed by this Court, is hereby vacated, qua the present petitioner.
SIDDHARTH MRIDUL, J APRIL 12, 2017 mb