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% 29.07.2011
Present: Mr. R.S. Raju and Mr. V. Sudeer, Advs. for the decree holder along with Mr. Anil Kumar Jain and Mr. Shekhar Chand
Jain in person.
Ms. Maneesha Dhir, Ms. Preeti Dalal, Ms. Mithu Jam, Advs. for the
Present: Mr. R.S. Raju and Mr. V. Sudeer, Advs. for the decree holder along with Mr. Anil Kumar Jain and Mr. Shekhar Chand
Jain in person.
Ms. Maneesha Dhir, Ms. Preeti Dalal, Ms. Mithu Jam, Advs. for the
JUDGMENT
debtor along with Mr. Premjit Mehra in person.
+ Ex. App. No. 450/2011 in Ex. P. 37/2011
*
Besides the decree which is the subject matter of the present execution petition, certain other litigations were also pending between the parties in different courts. It is submitted by the learned counsel for the parties that in all the other six suits, decrees had been passed on different dates. Details of the said litigations have been given in para 2 of the application. Now, parties have settled their disputes not only involved in the present suit but in other suits as well in which decrees have already been passed. In terms of the settlement, it is submitted that on the payment of total sum of 57,34,785/- i.e. after deduction of
TDS of 2,65,215/- from an amount of 60,00,000/-, all the decrees stand satisfied.
Parties are present in Court today and they confirm having signed
I the consent terms, which have been annexed with this application.
Parties shall remain bound by the terms of settlement. In terms of settlement, 57,34,785/- has been paid in respect of all the decrees including the present one. This amount has been paid vide eleven drafts, photocopies whereof have been placed on record. In view of the
2011:DHC:13204 settlement, the decree involved not only in the present execution petition but all other decrees as detailed in para 2 of the application stand satisfied. Counsel for the parties confirm this fact. Execution petition is disposed of as settled.
All interim applications are disposed of as infructuous. All interim orders stand vacated.
A.K. PATHAK, J.
July 29, 2011 rb
"I ^
2011:DHC:13204
+ Ex. App. No. 450/2011 in Ex. P. 37/2011
*
Besides the decree which is the subject matter of the present execution petition, certain other litigations were also pending between the parties in different courts. It is submitted by the learned counsel for the parties that in all the other six suits, decrees had been passed on different dates. Details of the said litigations have been given in para 2 of the application. Now, parties have settled their disputes not only involved in the present suit but in other suits as well in which decrees have already been passed. In terms of the settlement, it is submitted that on the payment of total sum of 57,34,785/- i.e. after deduction of
TDS of 2,65,215/- from an amount of 60,00,000/-, all the decrees stand satisfied.
Parties are present in Court today and they confirm having signed
I the consent terms, which have been annexed with this application.
Parties shall remain bound by the terms of settlement. In terms of settlement, 57,34,785/- has been paid in respect of all the decrees including the present one. This amount has been paid vide eleven drafts, photocopies whereof have been placed on record. In view of the
2011:DHC:13204 settlement, the decree involved not only in the present execution petition but all other decrees as detailed in para 2 of the application stand satisfied. Counsel for the parties confirm this fact. Execution petition is disposed of as settled.
All interim applications are disposed of as infructuous. All interim orders stand vacated.
A.K. PATHAK, J.
July 29, 2011 rb
"I ^
2011:DHC:13204