CIVIL APPEAL 8515/2024

Court: Delhi High Court
Decision date: 2025-05-23
Bench: THIS IS A DIGITALLY SIGNED
Case number: 8515/2024

Parties

SYMPOH MARKETING PVT. LTD (PETITIONER)
THE STATE NCT OF DELHI & ANR (RESPONDENT)

Cites (1)

BAIL APPLN./1697/2020 of SHAHJADA IRFAN Vs THE STATE NCT OF DELHI (2020)

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* IN THE HIGH COURT OF DELHI AT NEW DELHI

+ CRL.M.C. 8515/2024 & CRL.M.A. 16136/2025

SYMPOH MARKETING PVT. LTD

.....Petitioner

Through: Mr. Yatharth Rohilla and Mr. Nihal Singh Shekhawat, Adv.

versus

THE STATE NCT OF DELHI & ANR.

.....Respondents

Through:

Mr. D. K. Sharma, Ms. Astha Sharma, Ms. Hina Bhargava, Mr. Sarthak Sharma, Mr. Abhishek Gaind, and Mr. Nitasha, Advs. for R-2.

CORAM:HON'BLE MR. JUSTICE RAVINDER DUDEJA

23.05.2025

The learned counsel appearing for the parties submits that both parties

have come to an amicable settlement vide agreement dated 14[th] May, 2025. Along with aforesaid application, they have annexed copy of the settlement agreement dated 14[th] May, 2025. As per the terms of the settlement, petitioner shall make payment of Rs. 45 Lakhs to the respondent no. 2 on or before 30[th] June, 2025.

2.Both parties present in Court confirm the factum of settlement and undertake to abide and adhere by the terms and conditions of the settlement agreement dated 14.05.2025.

3.Mr. Virendra Pal Babbar, Director/ AR of petitioner undertakes to

make payment of Rs. 45 Lakhs to respondent no. 2 on or before 30[th] June,

This is digitally signed order.

The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above.The Order is downloaded from the DHC Server on 26/05/2025 at 11:46:07

2025 as full and final settlement amount towards the claim of respondent no. 2 in CC/NIA/4936/2021.

4.Mr. Kunal Bhargava, partner of respondent no. 2 states that respondent no. 2 is ready to accept Rs. 45 Lakhs from the petitioner as full and final settlement of all claims in CC/NIA/4936/2021.

5.Both parties undertake to abide by the terms and conditions of the settlement dated 14.05.2025.

6.Their statements are taken on record.

7.Mr. Yatharth Rohilla, the learned counsel for the petitioner states that

in terms of the settlement, petitioner does not want to pursue its petition and seeks permission to withdraw the same.

8.Statement made by the learned counsel for the petitioner is taken on record and petition is dismissed as withdrawn.

9.Date earlier fixed in the case stands cancelled.

MAY 23, 2025/ab

RAVINDER DUDEJA, J