Citation : 2024 Latest Caselaw 172 UK
Judgement Date : 27 February, 2024
IN THE HIGH COURT OF UTTARAKHAND
AT NAINITAL
HON'BLE THE CHIEF JUSTICE MS. RITU BAHRI
AND
HON'BLE SRI JUSTICE RAKESH THAPLIYAL
27TH FEBRUARY, 2024
APPEAL FROM ORDER No. 444 OF 2022
Indian Oil Corporation Limited.
...Appellant
Versus
M/s Gold Plus Glass Industry Ltd.
...Respondent
Counsel for the appellant. : Mr. V.K. Kohli, learned Senior Counsel
assisted by Mr. Kanti Ram, learned
counsel.
Counsel for the respondent. : Mr. Akshay Pradhan, learned counsel.
JUDGMENT :
(per Ms. Ritu Bahri, C.J.)
In this case, Miscellaneous Application (IA No.
02/2024) has been filed on behalf of both the parties,
wherein it is stated that the matter has been
compromised between the parties. The affidavit of the
appellant is on record, and the affidavit of the
respondent-Mohit Choudhary is also on record.
2. Counsel for the parties says that the matter
has been duly compromised between the parties.
Pursuant to the compromise, an amount of Rs.
19,32,403.00 is to be given to the respondent. Today, a
Demand Draft, bearing No. 830695, has been handed over to the respondent, which he has accepted. A copy
of the said Demand Draft is taken on record.
3. Accordingly, this Appeal, under Section 37 of
the Arbitration and Conciliation Act, 1996, is being
disposed of in view of the compromise between the
parties, and the conditions of the compromise have been
complied with today.
4. Pending application(s), if any, also stand
disposed of accordingly.
______________ RITU BAHRI, C.J.
___________________ RAKESH THAPLIYAL, J.
Dt: 27th February, 2024 Rahul
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