Citation : 2015 Latest Caselaw 609 Del
Judgement Date : 21 January, 2015
* IN THE HIGH COURT OF DELHI AT NEW DELHI
+ CS(OS) 183/2015 & IAs No.1395-96/2015
Decided on : 21.01.2015
IN THE MATTER OF:
GULZAR IMPEX PVT LTD & ANR ..... Plaintiffs
Through : Mr. Shahid Azad with
Md. Aslam, Advocates
versus
MEDIDERMA,S.L. & ANR ..... Defendants
Through : None.
CORAM
HON'BLE MS.JUSTICE HIMA KOHLI
HIMA KOHLI, J.(Oral)
1.
The present suit has been instituted by the plaintiffs praying inter
alia for a decree of declaration against the defendants No.1 & 2 by
declaring the Termination of Distribution Agreement dated 29.12.2014
as null and void and further, for a decree of permanent and mandatory
injunction against the defendants No.1 & 2 companies, both situated in
Spain.
2. At the outset, learned counsel for the plaintiffs has been requested
to address arguments on the maintainability of the present suit in this
Court in view of the stipulations contained in Article 16 of the
Distribution Agreement dated 23.11.2012 executed by the plaintiffs and
the defendant No.1, which is reproduced as below :
"ARTICLE 16 - APPLICABLE LAW AND RESOLUTION OF DISPUTE
This Agreement shall be governed by and construed in accordance with the laws of Spain without regard to the conflicts of law provisions thereto. Each party irrevocably consists to the exclusive jurisdiction of the Spanish courts for all issues arising under or in connection with this Agreement."
3. After addressing arguments for some time, learned counsel for the
plaintiffs seeks leave to withdraw the present suit, while reserving the
right of his clients to approach the competent court vested with the
jurisdiction to entertain the disputes raised in the present suit.
4. Leave, as prayed for, is granted. The suit is dismissed as
withdrawn, along with the pending applications.
(HIMA KOHLI)
JANUARY 21, 2015 JUDGE
sk/mk
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