Punjab National Bank v. Tara Gupta Jain & ORS

$~12 * IN THE HIGH COURT OF DELHI AT NEW DELHI + RC.REV. 378/2015 & CM Appls.13349/2015, 18341/2017, 15228/2019, 50223/2019, 3727/2021 PUNJAB NATIONAL BANK .....Petitioner Through:

Ms. Arti Singh, Mr. Aakashdeep Singh Roda, Ms. Pooja Singh, Mr. B P Singh, Advs.

versus TARA GUPTA JAIN & ORS .....Respondents Through:

Mr. Randhir Jain, Adv.

CORAM:

HON'BLE MS. JUSTICE TARA VITASTA GANJU

O R D E R

% 25.11.2024 1.

Learned Counsel for the parties submit that the matter has been amicable settled between the parties. They state that in terms of the settlement, the Petitioner/Bank shall continue to occupy the subject premises, however a fresh lease deed at the rate of Rs. 3,50,000/- (subject to enhancement) as contained in the terms of the settlement, for a period of 10 years shall be executed.

1.1 Learned Counsel for the parties further submit that formalities for the same are in the process of being finalised.

2.

In this view of the matter, learned Counsel for the parties submit that the matter can be disposed of in terms of what is stated above. 3.

Accordingly, the Petition and all pending Applications stand disposed of.

TARA VITASTA GANJU, J NOVEMBER 25, 2024/r Click here to check corrigendum, if any The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 27/11/2024 at 12:22:12