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High Court of DelhiARB.P./455/2017

Ayg Reality Pvt. Ltd. & ANR. v. Religare Finvest Limited & ANR.

2018-02-22Hon'Ble Mr. Justice Vibhu Bakhru1 pages

$~3 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ ARB.P. 455/2017 AYG REALITY PVT. LTD. & ANR.

..... Petitioners Through:

Mr R. K. Sahni and Mr Prateek Mehta, Advocates.

versus RELIGARE FINVEST LIMITED & ANR.

..... Respondents Through:

Mr Abhishek Grover, proxy for R-1.

CORAM:

HON'BLE MR. JUSTICE VIBHU BAKHRU

O R D E R

% 22.02.2018 1.

The Learned counsel appearing for the parties state that the parties are endeavouring to settle their disputes and the petitioners have already paid a sum of ₹1 crore to the respondent. In this view, the learned counsel appearing for the petitioners seeks to withdraw the present petition with liberty to file afresh in the event the disputes are not settled. 2.

The petition is dismissed as withdrawn with the aforesaid liberty. 3.

It is clarified that all rights and contentions of the parties are reserved. VIBHU BAKHRU, J FEBRUARY 22, 2018 MK