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HIGH COURT OF DELHI
ARB.P. 326/2021&I.A. 11183/2021
M/S INDIABULLS INVESTMENT ADVISORS LIMITED..... Petitioner
Through: Mr. Mansimran Singh &Ms. VishakhaAhuja, Advs.
Through: Mr. Sudeep Singh, Adv. for R1
06.09.2021 (Video-Conferencing)
JUDGMENT
1. The dispute between the parties stands settled. The Memorandum of Settlement has been placed on record along with IA 11183/2021. ARB.P. 326/2021 &I.A. 11183/2021(under Section 151 of CPC, 1908- permission to place settlement on record)
2. Learned Counsel for the petitioner and Respondent No. 1 are present. Mr. Singh, learned Counsel for the petitioner, submits that Respondent No. 2 is aproforma party. There has been no appearance on behalf of Respondent No. 2 from the first date of hearing. 2021:DHC:2749 ARB.P. 326/2021
3. Learned Counsel for the parties agree to abide by the terms of the settlement between them.
4. As such, nothing survives for adjudication in this petition, which is accordingly disposed of, in accordance with the settlement agreement between the parties, by which both parties shall remain bound.
5. The petition stands disposed of accordingly.
C.HARI SHANKAR, J SEPTEMBER 6, 2021 ss