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2021 Supreme(Del) 879

IN THE HIGH COURT OF DELHI AT NEW DELHI
Suresh Kumar Kait, J.
Colorbar Cosmetics Pvt. Ltd. - Appellant
Versus
Deepak Jain & Ors. - Respondents
CS(Comm) 574/2020 & I.As. 12678/2020, 853/2021, 4908/2021 & 8238-8239/2021
Decided On : 22-09-2021

Advocates appeared:
Mr. Ayush, Adv, for the Plaintiff; Mr. Arun Kumar Jha, Adv, for the Defendant Nos. 1 to 4

The court decreed the suit in terms of a valid and lawful Settlement Agreement mutually settled by the parties.

Headnote:

Injunction - Settlement Agreement - The court decreed the present suit in terms of the Settlement Agreement dated 17.09.2021, which was mutually settled by the parties and found to be valid and lawful.

Fact of the Case:

The plaintiff filed a suit seeking injunction and other reliefs for infringement of trade mark and copyright, passing off, dilution, and acts of unfair competition. The matter was referred to mediation, and the parties mutually settled their disputes, incorporating the terms in a Settlement Agreement dated 17.09.2021.

Finding of the Court:

The court decreed the present suit in terms of the Settlement Agreement dated 17.09.2021, which was found to be valid and lawful, and directed the decree sheet to be drawn accordingly. The parties were bound by the terms of the Settlement Agreement.

Issues: Infringement of trade mark and copyright, passing off, dilution, acts of unfair competition, settlement agreement

Ratio Decidendi: The court's decision was based on the mutual settlement of disputes by the parties and the validity and lawfulness of the Settlement Agreement.

Final Decision: The present suit and all pending applications were accordingly disposed of, and the parties were bound by the terms of the Settlement Agreement dated 17.09.2021.

JUDGMENT

(Oral)

1. The present suit has been filed by the plaintiff seeking permanent and mandatory injunction restraining the defendants from infringement of trade mark and copyright, passing off, dilution, acts of unfair competition, rendition of accounts/damages and delivery up.

2. Vide order dated 07.04.2021, the matter was referred to the Delhi High Court Mediation and Conciliation Centre (SAMADHAN) for making an effort to amicably resolve their disputes.

3. This court is informed that the parties have mutually settled their disputes and the terms of the settlement have been incorporated in Settlement Agreement dated 17.09.2021, which is duly signed by both the sides/parties. The aforesaid Settlement Agreement dated 17.09.2021 has come on record.

4. Learned counsel for the plaintiff submits the terms of settlement are incorporated in Para-10 (a) to (s) of the aforesaid Settlement Agreement dated 17.09.2021 and the present suit be decreed in terms thereof.

5. Learned counsel appearing on behalf of defendants submit that the defendants undertake to abide by the terms of aforesaid Settlement Agreement dated 17.09.2021.

6. This Court has gone through the contents of the mediated Settlement Agreement dated 17.09.2021 and find it to be valid and lawful.

7. Accordingly, the present suit is decreed in terms of Settlement agreement dated 17.09.2021, which shall form part of decree. Decree sheet be accordingly drawn.

8. Needless to say, parties shall remain bound by the terms of the Settlement Agreement dated 17.09.2021.

9. In view of above, present suit and all pending applications are accordingly disposed of.

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