Bhupesh Wadhwa v. Ashok Kumar & Anr

O R D E R

¶1Learned counsel for both parties submit that the matter has been amicably settled between the parties and consequently it has been agreed between them that upon the appellant paying a sum of Rs.5,50,000/- to the respondents, the impugned order will no longer be enforceable.

¶2It has also been agreed between the parties that the aforesaid amount of Rs.5,50,000/- will be paid to the respondents in two instalments, the first instalment of Rs.2,00,000/- being payable on or before 30.11.2024 and the second instalment of Rs.3,50,000/- being payable on or before 31.01.2025.

¶3In view of the aforesaid, nothing further survives for adjudication in the present appeal, which is accordingly disposed of, by directing that the parties will remain bound by their stand noted hereinabove.

¶4It is, however, made clear that in case the aforesaid amount is not paid within the time so agreed, it will be open for any of the parties to seek This is a digitally signed order. revival of the appeal as per law.

¶5The appeal, alongwith the pending applications, stands disposed of in the aforesaid terms.

REKHA PALLI, J

SAURABH BANERJEE, J NOVEMBER 18, 2024/So

This is a digitally signed order.

* IN THE HIGH COURT OF DELHI AT NEW DELHI + FAO (COMM) 147/2024, CM APPL. 43401/2024-Stay, CM APPL. 43402/2024-Delay 115 days BHUPESH WADHWA .....Appellant Through: Mr. Sahil Garg and Mr. Mithil Malhotra, Advocates versus ASHOK KUMAR & ANR. .....Respondents Through: Mr. Joby P Varghese, Advocate CORAM: HON'BLE MS. JUSTICE REKHA PALLI HON'BLE MR. JUSTICE SAURABH BANERJEE % 18.11.2024