MS AMAN HOSPITALITY PVT LTD v. MS SMR STEELS PVT LTD
RFA/99/2022 · 2025-02-19
Girish Kathpalia
body2025
DailyLaw.ai
[ 2025 DAILYLAW 11400 (DEL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 11400 (DEL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI + RFA 99/2022 MS AMAN HOSPITALITY PVT LTD .....Appellant Through: Mr. Himanshu Malhotra, AR/Legal Executive of the appellant versus MS SMR STEELS PVT LTD .....Respondent Through: Mr. Yashdeep, Adv. alongwith Mr. Piyush Goel, Director
CORAM:
REGISTRAR GENERAL KANWAL JEET ARORA O R D E R % 07.03.2025
1. Vide order dated 19.02.2025, the Hon’ble Court has, inter alia,
directed as under:-
“1. This joint application has been filed by the parties seeking disposal of the appeal as compromised. It is submitted by both sides that according to the settlement agreement dated 12.12.2024 (annexure A) the amount of Rs.50,00,000/- out of the amount deposited by the appellant with the Registry of this court in the form of fixed deposit and interest accrued thereon be released to the respondent through its Director Mr. Piyush Goel and the remaining, if any, lying with the Registry of this court be released to the appellant through its Authorised Representative.
2. Having examined the settlement agreement, I am satisfied that the dispute stands adjusted by lawful compromise.....
4. Accordingly, the appeal is disposed of as compromised. For release of the amount as mentioned above, list before the Registrar General on 27.02.2025.”
2. As per office report, an amount of ₹47,69,001/- is lying deposited in This is a 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 17/03/2025 at 11:16:21
this case in the shape of the FDR.
3. Mr. Piyush Goel, Director of the respondent is present alongwith
learned counsel for the respondent and Mr. Himanshu Malhotra, authorised representative of the appellant are present in court and submit that the matter between the parties have been settled and requested that the amount ₹ 47,69,001/- deposited by the appellant in this case alongwith accrued interest of ₹2,30,999/- totalling to ₹50,00,000/- may be released to the respondent and remaining amount over and above ₹50,00,000/- lying deposited in this case may be released to the appellant in terms of the order dated 19.02.2025 passed by the Hon’ble Court. Statements of Mr. Piyush Goel, Director and Mr. Himanshu Malhotra, AR of the appellant have been recorded separately in this regard.
4. In view of the above recorded statements and in terms of the order dated 19.02.2025 passed by the Hon’ble Court, Registrar (B&A) is directed to release the amount of ₹50,00,000/- to the respondent and is further directed to remit the amount over and above ₹50,00,000/- lying deposited in this case to the appellant directly in its bank account, the details of which is given in the statement of authorised representative of the appellant after due verification.
KANWAL JEET ARORA REGISTRAR GENERAL MARCH 7, 2025 ss Click here to check corrigendum, if any This is a 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 17/03/2025 at 11:16:21