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DELHI HIGH COURT
SURESH KUMAR KAIT
Vishal Gulhati – Appellant
Versus
Sushma Gulhati – Respondent
| Table of Content |
|---|
| 1. execution of decree and mutual settlement (Para 1 , 2 , 3 , 4) |
| 2. commitment to abide by settlement terms (Para 5) |
| 3. validation of settlement agreement (Para 6 , 7) |
| 4. dismissal of petition due to settlement (Para 8) |
1. Amended memo of parties filed by the decree holder is taken on record.
2. Present petition has been filed by the decree holder under Order XXI CPC seeking execution of the decree and judgment dated 09.10.2019.
3. Vide order dated 03.08.2021, the matter was referred to Delhi High Court Mediation and Conciliation Centre (SAMADHAN) for making an effort to amicably resolve their disputes.
4. 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 16.11.2021, which is duly signed by both the sides/parties. The aforesaid Settlement Agreement dated 16.11.2021 has come on record.
5. Learned counsel appearing on behalf of judgment debtors submit that the judgment debtors undertake to abide by the terms of aforesaid Settlement Agreement dated 16.11.2021.
6. This Court has gone through the contents of the mediated Settlement Agre
Mediation agreements that are mutually settled by parties are valid and enforceable under the law, emphasizing the importance of upholding such agreements in legal disputes.
The validity and lawfulness of a Settlement Agreement in the context of executing a decree.
The court recognizes and upholds the mutual settlement reached between parties regarding the execution of an arbitral award, directing compliance within a specified timeframe.
Enforcement of Settlement Agreement
Once the decretal amount of an arbitral award is satisfied, there is no further matter for adjudication in enforcement petitions.
Disputes can be effectively resolved through mediation, and courts may dispose of petitions based on the terms agreed in a settlement, provided all parties consent.
A settlement reached through mediation effectively resolves the dispute, leading to the dismissal of the suit.
The court recognized a legally valid and binding settlement reached between parties through mediation to resolve trademark and copyright disputes, endorsing the Settlement Agreement as the basis for ....
Settlement through mediation can resolve disputes without further court litigation.
Mediated settlements are enforceable and form part of court judgment.
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