Citation : 2022 Latest Caselaw 419 Del
Judgement Date : 9 February, 2022
$~23
* IN THE HIGH COURT OF DELHI AT NEW DELHI
% Date of decision: 09.02.2022
+ ARB.P. 1020/2021
ATUL KUMAR & ORS. .... Petitioners
Through Mr. Rajiv Bakshi, Advocate
versus
MS. NAOMI REWARI & ANR. ... Respondents
Through Mr. Hardeep Sachdeva, Mr.
Abhyudai Singh, Mr. Ravi Bhasin and
Mr. Siddhant Bhasin, Advocates
CORAM:
HON'BLE MR. JUSTICE SURESH KUMAR KAIT
J U D G M E N T (oral)
The hearing has been conducted through video conferencing.
1. The present petition has been filed under Section 11 (6) of the Arbitration and Conciliation Act, 1996 seeking appointment of sole Arbitrator.
2. Vide order dated 12.10.2021, the matter was referred to Delhi High
Court Mediation and Conciliation Centre for making an effort to amicably
resolve their disputes.
3. Today, learned counsel for parties have jointly submitted that parties
have amicably settled their disputes before the Delhi High Court Mediation
and Conciliation Centre in terms of Settlement Agreement dated 13.01.2022.
4. Learned counsel for the petitioners submits that in terms of aforesaid
settlement, the present petition be disposed of.
5. Learned counsel appearing on behalf of respondent submits that the
respondents undertake to abide by the terms of aforesaid Settlement
Agreement dated 13.01.2022.
6. Accordingly, the present petition is disposed of in terms of Settlement
Agreement dated 13.01.2022.
7. Needless to say, parties shall be bound by the terms of aforesaid
Settlement Agreement.
SURESH KUMAR KAIT, J FEBRUARY 9, 2022/rk
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