A & A Modular Systems v. Emaar Mgf Construction Pvt Ltd

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IN THE HIGH COURT OF DELHI AT NEW DELHI

+ CO.PET. 535/2015 A & A MODULAR SYSTEMS ..... Petitioner Through:

Mr. Vineet Jhanji and Mr. Imran Moulaey, Advocate.

versus EMAAR MGF CONSTRUCTION PVT LTD ..... Respondent Through:

Mr. Abhijat and Mr. Devashish Chauhan, Advocates.

CORAM:

HON'BLE MR. JUSTICE SIDDHARTH MRIDUL

O R D E R

% 23.12.2016 CO.APPL. 5157/2016 The present application seeks to place on record the settlement arrived at between the parties.

Mr. Abhijat, learned counsel appearing on behalf of the respondentcompany has handed over three cheques, drawn in favour of A & A Modular Systems, details of which are given below, to learned counsel appearing on behalf of petitioner:- Sl. No.

Cheque No.

Dated Drawn on Amount 1.

792127 05.12.2016 Corporation Bank, Asaf Rs.32,51,445/- Ali Road Branch, New Delhi.

2.

792128 06.12.2016 Corporation Bank, Asaf Rs.1,82,400/- Ali Road Branch, New Delhi.

3.

792131 14.12.2016 Corporation Bank, Asaf Rs.94,000/- Ali Road Branch, New Delhi.

Learned counsel appearing on behalf of the respondent undertakes that

the cheques shall be duly honoured on presentation. Learned counsel appearing on behalf of respondent acknowledges the receipt of the above mentioned cheques subject to their realization. It is, therefore, prayed that the application be allowed and the petitioner be permitted to withdraw Co.Pet. 535/2015 in terms of the aforesaid settlement. In view of the foregoing the present application is allowed. The petitioner is permitted to withdraw Co.Pet.535/2015. The application is disposed of accordingly.

CO.PET. 535/2015 In view of the above, the present petition is dismissed as withdrawn and disposed of accordingly.

SIDDHARTH MRIDUL, J DECEMBER 23, 2016 mk