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2024 Supreme(Del) 241

RAJIV SHAKDHER, AMIT BANSAL
Nitin Jain – Appellant
Versus
Nitin Sharma – Respondent


Advocates appeared:
Mr Amit Gupta with Mr Kamal Garg, Mr Shiv Verma and Ms Muskan Nagpal, Advs., for the Appellant.
Mr Karandeep Singh Rekhi with Mr Jai Vardhan, Mr Parv Garg and Mr Ritesh Kumar Singh, Advs., for the Respondent.

JUDGMENT

[Physical Hearing/Hybrid Hearing (as per request)]

Rajiv Shakdher, J. (Oral)

CM Appl.8400/2024

1. Allowed, subject to just exceptions.

RFA(COMM) 49/2024 & CM Appl.8399/2024

2. This appeal is directed against the judgment and decree dated 28.11.2023.

3. We have heard Mr Amit Gupta, learned counsel, who appears on behalf of the appellant, at some length.

3.1. We have also heard the learned counsel for the respondent i.e. Mr Karandeep Singh Rekhi.

4. To be noted, the appellant and the respondent are also physically present in the court.

5. Counsel for the parties, after some arguments, on the instructions of their respective clients, agree that the appeal can be finally disposed of based on the following terms and conditions:

(i) The subject property will be vacated by the appellant on or before 30.11.2024.

(ii) 50% of the arrears towards rent commencing from August 2022 will be paid at the rate of Rs.75,000/- per month, on or before 31.03.2024.

(iii) Remaining amount i.e., balance 50% of the rent will be paid at the rate given above, i.e., Rs.75,000/- per month, on or before 30.04.2024.

(iv) Insofar as occupation charges for the current month i.e., February 2024 is concerned, the same wil

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