Vivek Kalra vs The New India Sugar Mills

Citation : 2015 Latest Caselaw 3481 Del
Judgement Date : 29 April, 2015

Delhi High Court
Vivek Kalra vs The New India Sugar Mills on 29 April, 2015
Author: Hima Kohli
$~36.
*    IN THE HIGH COURT OF DELHI AT NEW DELHI
+    CS(OS) 2829/2014
     VIVEK KALRA                                    ..... Plaintiff
                        Through: Mr. Nishant Singh, Advocate with
                        plaintiff in person.

                        versus


     THE NEW INDIA SUGAR MILLS                  ..... Defendant
                    Through: Mr. Pankaj Bhagat, Advocate

     CORAM:
     HON'BLE MS. JUSTICE HIMA KOHLI

                        ORDER

% 29.04.2015 I.A. 8812/2015 (joint application u/O XXIII R 3 CPC)

1. The present joint application has been filed by the parties stating inter alia that they have arrived at an out of court negotiated settlement, as recorded in the Settlement Agreement dated 22.04.2015, enclosed with the present application and marked as Annexure-1. The broad terms and conditions of the settlement have also been reproduced in para 4 of the application.

2. Counsels for the parties state that in terms of the settlement, the defendant has agreed to pay a sum of `16,50,000/- to the plaintiff in full and final settlement of all his claims, subject matter of the present suit. A draft of `16,50,000/- bearing No.508845 dated CS(OS) 2829/2014 Page 1 of 2 22.04.2015 drawn on State Bank of India, New Delhi Main Branch, is handed over to the counsel for the plaintiff and duly accepted. Learned counsel for the plaintiff states that on receiving the aforesaid amount, nothing further is due or payable by the defendant to his client as the claim in the suit stands satisfied. Counsels for the parties request that the suit may be disposed of in view of the settlement arrived at between them.

3. The Court has perused the present application. The same has been signed by the parties and their respective counsels and is duly supported by the affidavits of the parties. The plaintiff is present in Court and is identified by his counsel. As the parties confirm that they have arrived at a settlement of their own free will and volition and without any undue influence or coercion from any quarters, the Settlement Agreement dated 22.4.2015 is taken on record.

4. The application is allowed and disposed of. The suit is disposed of while leaving the parties to bear their own costs.

HIMA KOHLI, J APRIL 29, 2015 rkb CS(OS) 2829/2014 Page 2 of 2