M/S M.S LOGISTICS v. M/S AKANSHA CARGO MOVER

Delhi High Court · 02 Feb 2015 · 2015:DHC:990
Hima Kohli
Execution Petition No.213/2014
2015:DHC:990
civil other

AI Summary

The Delhi High Court disposed of an execution petition after the parties settled the dispute and the decree was satisfied through payment under a compromise.

Full Text
Translation output
Ex.Pet.213/2014 HIGH COURT OF DELHI Execution Petition No.213/2014
Date of Decision: 02.02.2015 IN THE MATTER OF:
M/S M.S LOGISTICS ..... Decree Holder
Through : Mr. Deepak Anand, Advocate
VERSUS
M/S AKANSHA CARGO MOVER .....
JUDGMENT
Debtor
Through : Mr. S.K. Sharma, Advocate
CORAM
HON'BLE MS.JUSTICE HIMA KOHLI HIMA KOHLI, J.(Oral)

1. Counsels for the parties jointly state that the subject matter of the judgment and decree dated 20.5.2013 has been settled between the parties, as recorded by the learned Metropolitan Magistrate in a Complaint Case filed by the Decree Holder under Section 138 of the Negotiable Instruments Act, 1881, registered as CC No.580/1/14.

2. Counsel for the Judgment Debtor hands over a certified copy of the orders passed in the aforesaid Complaint Case along with a copy of the Compromise Deed 14.1.2015, executed between the parties and states that in terms of the settlement arrived at between the Judgment Debtor and the Decree Holder, a sum of `23.00 lacs was paid by the Judgment 2015:DHC:990 Ex.Pet.213/2014 Debtor to the Decree Holder through bank drafts that have been duly encashed.

3. Counsels for the parties jointly state that in view of the aforesaid settlement arrived at between the parties, nothing further survives in the present execution petition and the same may be disposed of.

4. The certified copies of the order sheet in CC No.580/1/14 along with the Compromise Deed 14.1.2015 handed over by the learned counsel for the Judgment Debtor, are taken on record.

5. The execution petition is disposed of as the decree stands satisfied.

JUDGE FEBRUARY 02, 2015 sk