Sharad Kapoor v. Nitishree Infrastructure Ltd.

Delhi High Court · 14 Mar 2013
S. Muralidhar
CO.PET. 20 of 2012
civil petition_allowed

AI Summary

The Delhi High Court disposed of petitions based on a binding settlement agreement reached through mediation, allowing revival if post-dated cheques are dishonoured.

Full Text
Translation output
$- HIGH COURT OF DELHI 14.
CO.PET. 20 of 2012 SHARAD KAPOOR ..... Petitioner
Through: Mr. R.R. Jamwal, Advocate.
VERSUS
NITISHREE INFRASTRUCTURE LTD. ..... Respondent
Through: Mr. Brajesh Jha, Advocate.
AIID oh "'-/ CO.PET. 2l of 2012 B.M KAPUR .... Petitioner
Through: Mr. R.R. Jamwal, Advocate.
VERSUS
NITISHREE INFRASTRUCTURE LTD. ..... Respondent
Through: Mr. Brajesh Jha, Advocate.
CORAM: JUSTICE S. MURALIDHAR
14.03.2013
ORDER

1. It is seen from the mediation report that a settlement has been arrived at between the parties at the Delhi High Court Mediation & Conciliation CO.PET. Nos. 20 & 21 of 2012 Page I of 2 2013:DHC:8308 Centre. A copy of the sefflement agreement dated 6e February 2013 signed by both parties as well as their counsel has been placed on record. It is seen that seven post dated cheques ('PDCs') have been handed over to Petitioner, the details of which are set out in para 6(d) of the settlement agreement.

2. Accordingly, the petition is disposed of in terms of the settlement agreement which is binding on the parties and should be treated as part of the present order. In the event any of the cheques are dishonoured, the Petitioner is at liberty to revive the petition. \.- K,t' \_/ S.MURALIDHAR, J MARCH 14,2013 dn