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2025 Supreme(Online)(Del) 6914

IN THE HIGH COURT OF DELHI AT NEW DELHI
C. HARI SHANKAR, J
STATE BANK OF INDIA (SBI) – Appellant
Versus
NATIONAL STOCK EXCHANGE OF INDIA LTD (NSE) – Respondent


Advocates:
For the Appellants/Petitioners: Mr. Rajiv Kapur, SC, Ms. Riya Sood
For the Respondents: Mr. Aubert Sebastian, Mr. Vedant Kumar, Mr. Hrishikesh Baruah, Ms. Radhika Gupta

Table of Content
1. application for recall of previous disposal based on a settlement. (Para 1 , 4 , 6 , 12)
2. application for recall of judgment is based on a settlement agreement. (Para 2)
3. court observations on dispute resolution and obligations. (Para 3 , 10 , 11)
4. court concludes no adequate basis to recall previous order. (Para 5)
5. validity of a settlement agreement questioned based on authority and corporate status. (Para 7)
6. restoration of company validates previous agreements. (Para 8 , 9)
7. court denies recall based on restoration of firm. (Para 15)
“CM 40736/2022 (Order XXIII Rule 3 of the CPC) in RFA 478/2018

1. By this application under Order XXIII Rule 3 of the Code of Civil Procedure, 1908 (CPC), Maxwell Securities Pvt. Ltd., Respondent 3 in the present appeal (RFA 478/2018), prays that the appeal be disposed of in terms of Settlement Agreement dated 3rd August 2022, which constitutes Annexure-A1 to the present application and which has been arrived at with the intervention of the Delhi High Court Mediation and Conciliation Centre. The appellant has filed an affidavit, which is annexed as Annexure-A2 and an Indemnity Bond by Maxwell Securities Pvt Ltd.

2. The Set

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