Mankind Pharma Limited v. Sachin Bhatheja & ANR

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* IN THE HIGH COURT OF DELHI AT NEW DELHI + CS(COMM) 42/2015 MANKIND PHARMA LIMITED ..... Petitioner Through:

Mr. Niloy Dasgupta and Harsh Vardhan, Advocates versus SACHIN BHATHEJA & ANR ..... Respondent Through:

Mr. Bharat Sood, Advocate

CORAM:

HON'BLE MR. JUSTICE VIPIN SANGHI

O R D E R

% 11.05.2016 I.A. No.5920/2016 This application has been jointly moved by the parties to record their settlement. The application is signed by the plaintiff, defendant no.1 and the proprietor of defendant no.2, and also by the counsels for the parties. It is also supported by the affidavit of Mr. Sanjeev Kumar Singh, Company Secretary and authorised representative of the plaintiff as also the affidavit of defendant no.1, Sachin Bhatheja.

Learned counsel for the plaintiff states that in terms of the settlement, the payment has already been made by the defendant to the plaintiff.

The terms of the settlement appear to be fair, just and reasonable and I see no impediment in accepting the same. Accordingly, the suit is disposed of as settled in terms of the settlement, which shall continue to bind the parties.

Since the suit has been settled prior to the commencement of trial, the plaintiff shall be entitled to refund of 50% of the court fee. VIPIN SANGHI, J MAY 11, 2016 sr