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2021 Supreme(Del) 968

IN THE HIGH COURT OF DELHI AT NEW DELHI
C. Hari Shankar, J.
Natures Essence Private Limited - Appellant
Versus
Protogreen Retail Solutions Private Limited & Ors. - Respondents
Civil Suit (COMM) No. 581 of 2020, Miscellaneous Application No. 9641 of 2021
Decided On : 29-10-2021

Advocates appeared:
Sanjay Aggarwal, Advocate, Radhika Arora, Advocate, Rishab Srivastava, Advocate, Aakarshan Aditya, Advocate, Gaurav Dhwaj, Advocate

The court upheld the Settlement Agreement as the basis for resolving the dispute and decreed the suit accordingly.

Headnote:

Settlement Agreement - Dispute Resolution - The court decreed the suit in terms of the Settlement Agreement dated 28th April, 2021, resolving the dispute between the parties amicably.

Fact of the Case:

The dispute between the parties was amicably resolved through a Settlement Agreement dated 28th April, 2021, which was executed and placed on record.

Finding of the Court:

The court found that nothing remained for adjudication in the suit as the parties had resolved the dispute through the Settlement Agreement. The suit was decreed in terms of the Settlement Agreement, and the plaintiff was entitled to a refund of the court fees, if any deposited.

Issues: The main issue was the resolution of the dispute between the parties and the effect of the Settlement Agreement on the suit.

Ratio Decidendi: The court's decision was based on the amicable resolution of the dispute through the executed Settlement Agreement, which rendered further adjudication unnecessary.

Final Decision: The suit was decreed in terms of the Settlement Agreement dated 28th April, 2021, and the plaintiff was entitled to a refund of the court fees. The suit was disposed of without going to trial.

JUDGMENT

C. Hari Shankar, J. - I.A. 9641/2021 in CS(COMM) 581/2020

1. The dispute between the parties stands amicably resolved.

2. The Settlement Agreement dated 28th April, 2021 executed between the parties has been placed on record.

3. Learned Counsel for the parties are present. They undertake, on behalf of their clients, to abide by the terms and conditions thereof.

4. As such, nothing survives for adjudication in this suit.

5. The suit stands decreed in terms of the aforesaid Settlement Agreement dated 28th April, 2021 to which the parties to the dispute shall remain bound.

6. The Registry is directed to draw up the decree-sheet accordingly.

7. The plaintiff would be entitled to refund of the court fees, if any deposited by it.

8. The suit stands disposed of without going to trial.

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