Sandhu Family Private Trust v. Ms Sharnarthi Finance Ltd and Ors

O R D E R %

11.11.2024

¶1Learned counsel for the plaintiff and defendants confirm that the last instalment of Rs. 2 crores stands paid by the defendant.

¶2Learned counsel for the plaintiff states that in view of the complete payment, the plaintiff is willing to have the captioned suit disposed of as satisfied. He further states that the details of the litigations pending between The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above.

the parties have been set out at paragraph 6 of I.A. No. 2755/2024. He states that with respect to Section 138 criminal complaint cases enlisted at sl. nos. c, d and e, Mr. Shadman Siddiqui who is present in Court undertakes that the said criminal complaint cases shall be withdrawn on the next date of hearing in the said cases. He states that with respect to CS (COMM) 342/2022 which is enlisted at sl. no. b as well the plaintiff herein is willing to have the said suit disposed of finally in terms of the interim order dated 20.05.2022 passed in I.A. No. 8023/2022 therein.

¶3In response, learned counsel for the defendant states that he is satisfied with the aforesaid submissions of the plaintiff and is also willing to suffer a decree of permanent injunction in terms of the interim order dated

20.05.2022 in CS (COMM) 342/2022.

¶4The statement of the parties is taken on record and the parties are bound down to the same.

¶5It is directed that the plaintiff shall ensure that the criminal complaint cases are withdrawn on or before the next date of hearing in the said complaint. In addition, the plaintiff and defendant shall also ensure that CS

(COMM) 342/2022 is disposed of in terms of the statements recorded hereinabove.

¶6The present suit stands disposed of as satisfied on the above terms. Pending applications stand disposed of. Interim orders, if any stand vacated. All future dates stand cancelled.

¶7Learned counsel for the plaintiff states that the plaintiff has instructions to not press for the reliefs sought in the contempt petitions CCP

(O) 58/2023, CCP (O) 74/2023 and I.A. 2017/2023 in CS (COMM) 462/2022. In view of the amicable settlement between the parties, this Court The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above.

is not inclined to proceed with these applications any further. The said applications are accordingly, dismissed.

MANMEET PRITAM SINGH ARORA, J NOVEMBER 11, 2024/msh/AKT

Click here to check corrigendum, if any The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above.

* IN THE HIGH COURT OF DELHI AT NEW DELHI + CS(COMM) 462/2022, CCP(O) 58/2023, CCP(O) 74/2023, I.A. 10431/2022, I.A. 10433/2022, I.A. 2017/2023, I.A. 19485/2023, I.A. 21426/2023, I.A. 1137/2024, I.A. 1440/2024, I.A. 1442/2024, I.A. 2755/2024 & O.A. 10/2024 SANDHU FAMILY PRIVATE TRUST .....Plaintiff Through: Mr. Anirudh Bakhru, Mr. Ayush Puri, Mr. Shadman Siddiqui and Ms. Vasundhara Bakhru, Advocates versus MS SHARNARTHI FINANCE LTD AND ORS .....Defendants Through: Mr. Shivang Rawat, Advocate (through VC) Mr. Yashpal Singh, Mr. Himanshu Baliyan and Mr. A. Gautam, Advocates for D-1 and 2 Mr. Shashank Sharma, Advocate for D-5, 6 and 7 (through VC) CORAM: HON'BLE MS. JUSTICE MANMEET PRITAM SINGH ARORA