High CourtsSingle Bench(2021) 01 SHI CK 0279

Arun Anand And Others vs Ravi Oberoi & Others

High Court Of Himachal Pradesh · Decided on 1 January 2021

HON’BLE JUDGES
Vivek Singh Thakur, J
RESULT
Disposed Of
CASE NUMBER
Arbitration Case No.18, 19 Of 2006

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Judgment

11 paragraphs · 206 words

Vivek Singh Thakur, J

1.

It is submitted by learned counsel for the parties that dispute in both petitions has been settled between the parties and Anil Kumar respondent No.2

in both petitions, who is present to depose on behalf of all contesting respondents, is having authorization of respondents Ravi Oberoi, Madhu Oberoi,

Rahul Oberoi and Nitin Oberoi and Special Power of Attorney(s) of respondents Sunila Malik, Vijay Oberoi and Sandip Chadda. His statement on

oath has been recorded separately, whereby he has endorsed the settlement and has received two Demand Drafts/Manager’s Cheques dated

09.11.2020 bearing No.082187 and 18.11.2020 bearing No.082223 worth Rs.8,00,000/- each payable to him to be drawn in HDFC Bank, in terms of

compromise. Authorizations, Special Power of Attorney(s) and compromise deed have been placed by him on record in original.

2.

Learned counsel for the petitioner has also endorsed the settlement and has prayed for disposing of the petitions as compromised.

3.

Accordingly, present petitions are closed as compromised, in terms of compromise deed placed on record and as per deposition of Anil Oberoi and

learned counsel appearing for the petitioners, which shall be part of this order.

Pending application(s), if any, also stand disposed of, in aforesaid terms alongwith main petitions.