Ndtv Media Ltd & Anr vs G.K. B Optolabs Pvt Ltd & Anr
2015 Latest Caselaw 2772 Del

37
*     IN THE HIGH COURT OF DELHI AT NEW DELHI
+     CS(OS) 2621/2010
      NDTV MEDIA LTD & ANR                       ..... Plaintiffs
                     Through : Mr. D.K. Singh, Advocate


                         versus

     G.K. B OPTOLABS PVT LTD & ANR                ..... Defendants
                     Through : Mr. Surjeet Singh Malhotra,
                     Advocate for D-1.
                     Defendant No.2 ex parte.
     CORAM:
     HON'BLE MS. JUSTICE HIMA KOHLI
                     ORDER

% 07.04.2015 I.A. No.6839/2015 (u/O XXXIII R-1 CPC by the plaintiff for withdrawal of the suit)

1. The present application has been filed by the plaintiff stating

inter alia that the parties have arrived at an out of court mutual

settlement in terms whereof, the defendant No.1 has paid a sum of

`25,00,000/- to the plaintiff in full and final settlement of all its claim

and therefore the plaintiff does not wish to pursue the present suit

against the defendants any further.

2. Counsel for the defendant No.1 confirms the aforesaid position

and states that he does not have any objection to the present

application being allowed.

3. Accordingly, the present application is allowed and the suit is

dismissed as withdrawn.

4. The date already fixed in the suit, i.e., on 21.4.2015 stands

cancelled.

5. File be consigned to record room.

HIMA KOHLI, J APRIL 07, 2015 sk