Experion Developers Pvt Ltd v. Larsen & Toubro Limited

Delhi High Court · 17 Aug 2021 · 2021:DHC:4495-DB
Vipin Sanghi; Jasmeet Singh
2021:DHC:4495-DB
civil settled

AI Summary

The Delhi High Court disposed of cross-appeals between Experion Developers and Larsen & Toubro by recording and enforcing their mutually agreed settlement.

Full Text
Translation output
^ L HIGH COURT OF DELHI FAO(OS)
(COMMI 177/2019 EXPERION DEVELOPERSPVTLTD Appellant
Through; Mr.Manish Dembla & Mr.Nachiketa Goyal,Advocates.
VERSUS
LARSEN &TOURBO LIMITED &ORS Respondents
Through: Mr. Kirat Singh Nagra, Mr. Kartik Yadav,Mr.Pranav Vyas,Mr.Parinay
T. Vasandani & Mr. Karanvir Singh Goraya, Advocates for respondent
No.l.
FAOrOSI(COMMI355/2019 LARSEN &TOUBRO LTD Appellant
Through: Mr. Kirat Singh Nagra, Mr. Kartik Yadav,Mr.Pranav Vyas,Mr.Parinay
T. Vasandani & Mr. Karanvir Singh Goraya,Advocates.
VERSUS
EXPERIONDEVELOPERSPVTLTD&ORS Respondents
Through: Mr.Manish Dembla&Mr.Nachiketa Goyal,Advocates.
CORAM:
HON'BLE MR.JUSTICE VIPIN SANGHI
HON'BLE MR.JUSTICEJASMEET SINGH 2021:DHC:4495-DB s cZ>
17.08.2021 C.M.Nos.26513-26514/2021 These applications have been moved in these appeals to bring on record the settlement agreement arrived at between the parties. The settlement agreement dated 29.06.2021 has been placed on record. Learned counsels have briefly placed before this Court the terms and conditions of the settlement,which appear to be reasonable and there is no impedimentin accepting the same.
Accordingly,both these appeals are disposed ofin terms ofthe said settlementagreement,which shallcontinueto bindthe parties.
AUGUST 17,2021 N VIE JASMEET SINGH B.S. Rohelta
2021:DHC:4495-DB
JUDGMENT