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o6 #12-13 HIGH COURT OF DELHI -h CONT.CAS(C) 144/2015 & CM APPLs. 23907/2015, 13896/2016, 15175/2016,31097/2016,40885/2016
VIRTUOUS RETAIL LTD THRITS AUTHRISED REPRESENTATIVE SAURABH NARAIN Petitioner
Through Mr.Sanjeev Puri,Senior Advocate with Mr.Kamal Shankar with
Mr.Hardeep Sachdeva,Advocates
VIRTUOUS RETAIL LTD THRITS AUTHRISED REPRESENTATIVE SAURABH NARAIN Petitioner
Through Mr.Sanjeev Puri,Senior Advocate with Mr.Kamal Shankar with
Mr.Hardeep Sachdeva,Advocates
VERSUS
KAKADE CONSTRUCTION COMPANY PRIVATE LTD THR ITS DIRECTOR SANJAY
KAKADE& ORS Respondents
Through Mr.Ajit Warrier with Mr.Dushyant Manocha,Advocates for R-1.
Mr.Amit Mahajan,CGSC with Mr.Krishnanu Barua,Advocate for
R-4/ED.
KAKADE& ORS Respondents
Through Mr.Ajit Warrier with Mr.Dushyant Manocha,Advocates for R-1.
Mr.Amit Mahajan,CGSC with Mr.Krishnanu Barua,Advocate for
R-4/ED.
WITH
CONT.CAS(C)146/2015&CM APPL.23857/2015,31099/2016
VIRTUOUS RETAIL LTD THR ITS AUTHORIZED REPRESENTATIVE SAURABH NARAIN Petitioner
Through Mr.Sanjeev Puri,Senior Advocate with Mr.Kamal Shankar with
Mr.Hardeep Sachdeva,Advocates
VIRTUOUS RETAIL LTD THR ITS AUTHORIZED REPRESENTATIVE SAURABH NARAIN Petitioner
Through Mr.Sanjeev Puri,Senior Advocate with Mr.Kamal Shankar with
Mr.Hardeep Sachdeva,Advocates
VERSUS
2016:DHC:8696 KAKADE CONSTRUCTION COMPANY PRIVATE LTD THRITS DIRECTOR SANJAY
KAKADE& ORS Respondents
Through Mr.Ajit Warrier with Mr.Dushyant Manocha,Advocates
KAKADE& ORS Respondents
Through Mr.Ajit Warrier with Mr.Dushyant Manocha,Advocates
CORAM:
HON'BLE MR.JUSTICE MANMOHAN
04.11.2016 Learned counsel for the parties state that they have entered into a full and final settlement agreement dated 15^'' October, 2016 under which th respondents have paid Rs. 50 crores by way of Demand Draft dated 15 October,2016 drawn on HDFC Bank.
Learned senior counsel for the petitioner states that in view of the aforesaid statement,petitioner has nofurther claim againstthe respondents.
Learned counsel for the respondents assures and undertakes to this
Court that respondents shall comply with the terms and conditions ofthe settlement agreement.
The statements made by both the counsel are accepted by this Court and both the parties are held bound by the same.
In view thereof, present contempt petitions and pending applications are disposed ofas satisfied and bailable warrants issued against respondent no.3 are cancelled.
MANMOHAN,J NOVEMBER 04,2016 m 2016:DHC:8696
04.11.2016 Learned counsel for the parties state that they have entered into a full and final settlement agreement dated 15^'' October, 2016 under which th respondents have paid Rs. 50 crores by way of Demand Draft dated 15 October,2016 drawn on HDFC Bank.
Learned senior counsel for the petitioner states that in view of the aforesaid statement,petitioner has nofurther claim againstthe respondents.
Learned counsel for the respondents assures and undertakes to this
Court that respondents shall comply with the terms and conditions ofthe settlement agreement.
The statements made by both the counsel are accepted by this Court and both the parties are held bound by the same.
In view thereof, present contempt petitions and pending applications are disposed ofas satisfied and bailable warrants issued against respondent no.3 are cancelled.
MANMOHAN,J NOVEMBER 04,2016 m 2016:DHC:8696
JUDGMENT