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High Court of Punjab and HaryanaARB/260/2016dismissed

M/S Yatra Online Private Limited v. Encarta Pharma Private Limited & ORS

2017-04-21Mr. Justice M.M. Aggarwal1 pages

I N THE HI GH COURT OF PUNJAB AND HARYANA AT CHANDI GARH ARB- 260- 2016 ( O&M) Dat e of deci si on: - 21. 04. 2017 M/ s Yat r a Onl i ne Pr i vat e Li mi t ed . . . Pet i t i oner Ver sus Encar t a Phar ma Pr i vat e Li mi t ed and ot her s . . . Respondent s CORAM: HON' BLE MR. JUSTI CE S. J. VAZI FDAR, CHI EF JUSTI CE Pr esent : - Mr . Manu Loona, Advocat e, f or t he pet i t i oner .

Mr . Chandan Deep Si ngh, Advocat e, f or t he r espondent s.

* * * * S. J. VAZI FDAR, C. J. ( ORAL) Thi s i s a pet i t i on under Sect i on 11( 6) of t he Ar bi t r at i on and Conci l i at i on Act , 1996 f or t he appoi nt ment of an ar bi t r at or .

2.

Bot h t he par t i es st at e t hat t he mat t er has been set t l ed. Under t he set t l ement , t he r espondent s have agr eed t o pay t he pet i t i oner an amount of ` 9 l acs i n f our equal mont hl y i nst al l ment s.

The i nst al l ment s ar e payabl e on

10. 05. 2017,

10. 06. 2017, 10. 07. 2017 and 10. 08. 2017. 3.

The under t aki ng t o pay t he same i s accept ed. 4.

The pet i t i on i s al l owed t o be wi t hdr awn i n vi ew of t he above set t l ement .

( S. J. VAZI FDAR) CHI EF JUSTI CE

21. 04. 2017 Amodh Whet her speaki ng/ r easoned Yes/ No Whet her r epor t abl e Yes/ No Amodh Sharma 2017.04.24 12:30 I attest to the accuracy and authenticity of this document chandigarh