Hsil Ltd v. Havells India Ltd. and Ors

O R D E R (O R A L) %

07.08.2023

¶2All parties are represented by learned Counsel today.

¶3Learned Counsels for the parties undertake on behalf of their respective clients to remain bound by the terms of settlement.

¶4The Court has perused the terms of settlement and finds them to be in order and enforceable.

¶5As such, the dispute does not survive for consideration. Signed By:HARIOM

CS(COMM) 1059/2018

¶6The suit stands disposed of in terms of the settlement agreement dated 1 August 2023 by which parties shall remain bound.

¶7The plaintiff shall be entitled to refund of court fee, if any, deposited by it.

¶8Let a decree sheet be drawn up by the Registry accordingly.

¶9Miscellaneous pending applications also stand disposed of.

C. HARI SHANKAR, J.

AUGUST 7, 2023

dsn

Signed By:HARIOM

CS(COMM) 1059/2018 * IN THE HIGH COURT OF DELHI AT NEW DELHI + CS(COMM) 1059/2018 & I.A. 13280/2018, I.A. 13283/2018, I.A. 11502/2019, I.A. 17136/2019 HINDWARE HOME INNOVATION LIMITED .... Plaintiff Through: Mr. Manav Gupta, Mr. Sohil Garg, Mr. Ankit Gupta, Mr. Abhinav Jain, Ms. Samiksha Jain and Mr. Mithil Malhotra, Advs. versus HAVELLS INDIA LTD. AND ORS. ..... Defendants Through: Mr. Arjun Gadhoke and Ms. N. Parvati, Advs. CORAM: HON'BLE MR. JUSTICE C. HARI SHANKAR 1. The dispute between the parties stands settled with the intervention of the Delhi High Court Mediation and Conciliation Centre and settlement agreement dated 1 August 2023 is on record.