Nilkamal Ltd v. Aerens Entertainment Zone Pvt. Ltd

ORDER %

24.11.2011 In pursuance to the last order, Mr. Sacchin Pun, learned counsel for the respondent has, today in Court, handed over the following post-dated cheques to the learned counsel for the petitioner:- Sl.No. Cheque No. Dated Amount (Rs.) Drawn on

002427

31.03.2012 Rs.9,00,000/- Citibank, N.A. Ludhiana

002428

31.03.2012 Rs.9,66,052/- Citibank, N.A. Ludhiana Mr. Sumesh Dhawan, learned counsel for the petitioner accepts the aforesaid cheques in full and final settlement of the petitioner's Certify that the digital file and physical file have been compared and the digital data is as per the physical file and no page is missing. dues provided the cheques are honoured on presentation. Mr. Sacchin Pun, on instructions from Ms. Nupur Garg, Company Secretary, who is present in Court, assures this Court that the aforesaid cheques are good for payment and shall be honoured by the respondent's banker. 461, 1\4r. Sumesh Dhawan fairly states that in case the aforesaid cheques are honoured by the respondent's banker, the civil suit proceedings initiated by the petitioner against the respondent, which is now pending before the Civil Court in Dwarka, shall be withdrawn. The aforesaid undertakings given by the learned counsel for both the parties are accepted by this Court and the parties are held bound by the same. The petitioner is granted liberty to seek revival of the present proceedings in case the aforesaid cheques are dishonoured by• the respondent's banker for any reason. Accordingly, the present petition is disposed of in the aforesaid consensual terms. A --I MANMOIIAN,J - NOVEMBER 24 9 201 1/vk

$- 18 * IN THE HIGH COURT OF DELHI AT NEW DELHI + CO.PET. 372/2011 NILKAMAL LTD Petitioner Through: Mr. Sumesh Dhawan, Advocate. versus AERENS ENTERTAINMENT ZONE PVT. LTD Respondent Through: Mr. Sacchin Purl with Ms. Kaadambari, Ms. Namitha Mathews and Ms. Monica Chugh, Advocates. CORAM: HON'BLE MR. JUSTICE MANMOHAN