OIL AND NATURAL GAS CORP.LTD. v. OIL COUNTRY TUBULAR LTD.

Delhi High Court · 20 Jul 2016 · 2016:DHC:9359
Manmohan Singh
O.M.P. No.309/2007
2016:DHC:9359
civil appeal_dismissed

AI Summary

The Delhi High Court dismissed petitions filed by ONGC against OCTL as not pressed following a settlement between the parties and modified the impugned award accordingly.

Full Text
Translation output
51'^ $-R-5 HIGH COURT OF DELHI O.M.P. No.309/2007
OIL AND NATURAL GAS CORP.LTD.
Petitioner
Through: Mr. C.M. Gopal, Advocate.
VERSUS
OIL COUNTRY TUBULAR LTD.
Respondent
Through: Mr. Samrat Nigam with Ms. Ashwarya Chander, Advocate.
O.M.P. No.265/2008 OIL AND NATURAL GAS CORP.LTD.
Petitioner
Through: Mr. C.M. Gopal, Advocate.
VERSUS
OIL COUNTRY TUBULAR LTD.
Respondent
Through: Mr. Samrat Nigam with Ms. Ashwarya Chander, Advocate.
CORAM:
HON'BLE MR. JUSTICE MANMOHAN SINGH
20.07.2016 These matters were mentioned by the learned counsel for both the parties as the disputes between the parties have been resolved.
Copy of the settlement agreement dated 3 d June, 2016 is filed along with the covering letter dated 13th June, 2016. The same are taken on
2016:DHC:9359 Li record.
In view of the settlement, learned counsel for the petitioner does not press the present petitions. The same are accordingly dismissed as not pressed. Impugned award is modified to the extent as per the settlement agreement. r
GH91 1 JULY 20, 2016 I n 2016:DHC:9359
JUDGMENT