Final Order 7

Order Details: COPY OF ORDER
Pdf Text: CS (COMM) No.: 599/24
Naresh Bansal v. Puran Chand
07.02.2025
Present: Mr. Madhav Kumar, Advocate for the plaintiff.
Mr. Randeep Kumar, Advocate for the defendant.
It is submitted by counsel for the plaintiff that pursuant to
the settlement effected between the parties before the Delhi Mediation
Centre, a copy of which is Ex.C-1, the plaintiff has received the entire
amount, as settled between the plaintiff and the defendant, from the
defendant. It is further submitted by counsel for the plaintiff that the
plaintiff does not want to pursue the present suit against the defendant
and wants to withdraw the same. It is further submitted by counsel for
the plaintiff that as per the instructions of his client he wants to withdraw
the present suit and the suit be dismissed as withdrawn as settled
between the parties.
On the other hand, it is submitted by counsel for the
defendant that the defendant has no objection if in view of the settlement
effected between the parties the suit is dismissed as withdrawn as settled.
It is further submitted by counsel for the defendant that the defendant
does not claim any costs against the plaintiff. Let the statements of
counsel for both the parties be recorded.
Contd...
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Statements of counsel for the parties are recorded
separately. It is stated by counsel for the plaintiff that that pursuant to the
settlement effected between the parties before the Delhi Mediation
Centre, a copy of which is Ex.C-1, the plaintiff has received the entire
amount, as settled between the plaintiff and the defendant, from the
defendant. It is further stated by counsel for the plaintiff that the plaintiff
does not want to pursue the present suit against the defendant and wants
to withdraw the same. It is further stated by counsel for the plaintiff that
as per the instructions of his client he wants to withdraw the present suit
and the suit be dismissed as withdrawn as settled between the parties.
It is stated by counsel for the defendant that the defendant
has no objection if in view of the settlement effected between the parties
the suit is dismissed as withdrawn as settled. It is further stated by
counsel for the defendant that the defendant does not claim any costs
against the plaintiff.
Heard. In view of the statements made by counsel for the
parties and the terms of the settlement effected between the plaintiff and
the defendant the suit is dismissed as withdrawn as settled out of court.
File be sent to records.
(MANOJ KUMAR-1)
District Judge (Commercial Court)-05
Central/ THC/ Delhi/ 07.02.2025
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