Tekla Corporation v. Bilochan Prasad & ORS

$~42.

* IN THE HIGH COURT OF DELHI AT NEW DELHI + CS(OS) 3037/2015 TEKLA CORPORATION ..... Plaintiff Through:

Mr. Aasish Somasi, Advocate versus BILOCHAN PRASAD & ORS.

..... Defendant Through:

Mr. Maneesh Goyal, Advocate

CORAM:

HON'BLE MR. JUSTICE VIPIN SANGHI

O R D E R

% 05.02.2016 I.A. No.1656/2016(under Order 23 Rule 3 CPC) This application under Order 23 Rule 3 CPC has been jointly moved by the parties. The same is signed by the parties and their respective counsels. It is also supported by the affidavit of Mr. J.K. Sharma, the constituted attorney of the plaintiff and defendant no.1, and the authorised signatory of defendants.

The terms of settlement recorded in para 2 of the application appears to be fair, just and reasonable and there is no impediment in accepting the same. Accordingly, a decree is passed in terms of the settlement recorded in this application. The parties shall remain bound by the same.

Since the suit has been settled prior to the start of trial, the plaintiff shall be entitled to refund of 50% of the court fees. VIPIN SANGHI, J FEBRUARY 05, 2016 sr