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2026 Supreme(Online)(Del) 3724

IN THE HIGH COURT OF DELHI AT NEW DELHI
PIONEER OVERSEAS CORPORATION VS. SRIKAR SEEDS PRIVATE LIMITED & ANR.


$~45 * IN THE HIGH COURT OF DELHI AT NEW DELHI + CS(COMM) 983/2025 MICRO LABS LIMITED .....Plaintiff Through: Mr. Hemant Daswani, Ms. Saumya Bajpai and Ms. Pranjal, Advocates.

versus PHARMA ROOTS HEALTHCARE & ANR. .....Defendants Through: Mr. Siddharth Praveen Acharya, Mr.

Lakshay Sharma and Mr. Princess Singh, Advocates.

CORAM:

HON'BLE MR. JUSTICE TUSHAR RAO GEDELA

O R D E R

% 09.02.2026 I.A. 3504/2026 ( u/O XXIII Rule 3 of CPC)

1. This is an application under Order XXIII Rule 3 read with Section 151 of the Code of Civil Procedure, 1908 filed jointly on behalf of the plaintiff and defendant nos.1 & 2.

2. Learned counsel for the parties submit that the parties have been able to amicably resolve their disputes and have reduced the terms of settlement into writing, which are incorporated in para 5 of the present application.

3. This Court has perused the terms of settlement and finds them lawful. It appears that the terms of settlement clearly fall within the ambit of Order XXIII Rule 3 CPC, 1908. There is no impediment in case this Court decrees the suit in terms of the settlement arrived at and enumerated in para 5 (a) to (o). The same are extracted hereunder:

“a) Defendant Nos. 1 & 2 ackno

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