DELHI HIGH COURT
C.HARI SHANKAR
Great Eastern Energy Corporation Ltd. – Appellant
Versus
Executive Access (India) Pvt. Ltd. – Respondent
| Table of Content |
|---|
| 1. settlement agreement details (Para 1 , 2) |
| 2. agreement on settlement terms (Para 3 , 4) |
| 3. disposal of appeal based on settlement (Para 5) |
1. Learned Counsel for the parties submit that disputes between them stand settled with the intervention of the Delhi High Court Mediation and Conciliation Centre in terms of the Settlement Agreement dated 5th May 2022, which has been annexed along with CM 28927/2022.
2. The terms of settlement read thus:
"a) The First Party has agreed to pay to the Second Party and the Second Party has agreed to receive from the First Party the settled amount of Rs.7,00,000/- Rupees Seven Lakhs only) in full and final.
b) That during the hearing of the abovesaid appeal, an order dated 26.04.2019 was passed by Hon'ble Mr. Justice V. Kameswar Rao, directing the appellant to deposit two-third of decretal amount in the Registry and in compliance of order dated 26.04.2019 passed by Hon'ble Mr. Justice V. Kameswar Rao, the First Party has deposited an amount of Rs.5,60,063/- (Rupees Five Lakh Sixty Thousand Sixty Three Only) being two-third of decretal amount with interest on 22.05.2019 by way Demand Draft No. 506795 before the Regist
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