Back
IN THE HIGH COURT OF DELHI
C. Hari Shankar, J.
Gail Gas Ltd. - Appellant
Versus
Bapu Industries - Respondent
O.M.P. (COMM) 309 of 2020 & I.A. 2839 of 2021
Decided On : 23-02-2021
Important Points
Subject
Civil Law - Dispute Resolution
Headnote
Facts of the case:
Petitioner filed an application to record a settlement agreement with the respondent, leading to the disposal of the disputes between the parties.
Findings of Court:
The court accepted the settlement agreement and bound both parties to its terms.
Issues: The primary issue was the admissibility of the settlement agreement to resolve the ongoing disputes.
Ratio Decidendi: The court concluded that as both parties consented to the settlement agreement, it could be recognized and enforced, leading to the disposal of the petition.
Result: Petition disposed of in terms of the settlement agreement.
| Table of Content |
|---|
| 1. settlement agreement details (Para 1) |
| 2. no objection from counsel (Para 2) |
| 3. disposal of petition per settlement (Para 3 , 4 , 5 , 6) |
ORDER (ORAL)
I.A. 2839/2021(under Section 151 of CPC, 1908- to bring settlement agreement on record)
1. By this application, the petitioner seeks permission to place on record the settlement agreement dated 11th December, 2020, whereby the petitioner and the respondent have settled the disputes among themselves, and for disposal of the present petition in terms thereof.
2. Mr. Pankaj Kumar Singh, learned counsel for the respondent, has no objection.
3. In view thereof, this petition stands disposed of in terms of the settlement agreement dated 11th December, 2020, executed between the parties and annexed with this application.
4. The settlement agreement shall be treated as an annexure to this Order and both sides shall be bound thereby.
5. The application as well as the petition stand disposed of in the aforesaid terms.
O.M.P.(COMM) 309/2020
6. In view of the order passed in I.A. 2839/2021, this petition stands disposed of.
