NEHRU PLACE HOTELS LTD v. BHUSHAN LIMITED

Supreme Court of India · 11 May 2016
Kurian Joseph; Rohinton Fali Nariman
CIVIL APPEAL NOs. 5048-5049 OF 2016
civil appeal_dismissed Procedural

AI Summary

The Supreme Court disposed of civil appeals on the basis of a settlement agreement entered into by the parties during the pendency of the appeal.

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IN THE SUPREME COURT OF INDIA
CIVIL APPELLATE JURISDICTION CIVIL APPEAL NOs. 5048-5049 OF 2016
[@ SPECIAL LEAVE PETITION (C) NOs. 33188-33189 OF 2011]
NEHRU PLACE HOTELS LTD. Appellant (s)
VERSUS
BHUSHAN LIMITED Respondent(s)
JUDGMENT
KURIAN, J.

1. Leave granted.

2. The appellant approached this Court, aggrieved by the Judgment dated 09.08.2011 passed by the High Court of Delhi in Company Appeal Nos. 61 and 62 of

2005. During the pendency of the matter before us, it is seen that the parties have entered into a settlement. The Settlement Agreement dated 05.05.2016 has been handed over in Court today and is taken on record.

3. In view of the settlement entered into between the parties on 05.05.2016, these appeals are disposed of. The Settlement Agreement shall form part of the decree. No costs ........................ J. [ KURIAN JOSEPH ] ....................... J. [ ROHINTON FALI NARIMAN ] New Delhi; May 11, 2016.