Randeep Chikara v. Imperia Structures Ltd. & ORS.

$~CC-17 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ CO.PET. 886/2015 & Co. Appl. No. 3529/2015 RANDEEP CHIKARA ..... Petitioner Through Mr. Manoj Kumar Garg and Mr. Siddhartha Patra, Advocates.

versus IMPERIA STRUCTURES LTD. & ORS.

..... Respondents Through Mr. K. C. Joshi, Advocate.

CORAM:

HON'BLE MR. JUSTICE SIDDHARTH MRIDUL

O R D E R

% 08.05.2017 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 with the aid and assistance of the Delhi High Court Mediation and Conciliation Centre and the terms and conditions of the settlement are enshrined in the Settlement Agreement dated 3rd February, 2017.

The said Memorandum of Settlement dated 3rd February, 2017 entered into between the parties is lawful and the same is taken on record. The parties shall abide by the terms and conditions of the said Settlement Agreement dated 3rd February, 2017 without demur.

CO.PET. 886/2015

Learned counsel appearing on behalf of the petitioner states that the parties have already acted in pursuance to the settlement and the entire amount has since been received back.

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.

Leave granted.

Consequently, the accompanying company petition is dismissed as withdrawn and disposed of accordingly. Pending application, if any, also stands disposed of.

SIDDHARTH MRIDUL, J MAY 08, 2017 rs CO.PET. 886/2015