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2025 DAILYLAW 12170 (DEL)

NEOTERIC RESEARCH SERVICES LLP & ANR. v. NEOTRIC INSIGHTS & ANR.

CS(COMM)/219/2025 · 2025-09-17

Tejas Karia

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

$~26 * IN THE HIGH COURT OF DELHI AT NEW DELHI + CS(COMM) 219/2025, I.A. 6327/2025, I.A. 6328/2025, I.A. 6329/2025 & I.A. 6330/2025 NEOTERIC RESEARCH SERVICES LLP & ANR. .....Plaintiffs Through: Ms. Shilpa Gamnani, Advocate. versus NEOTRIC INSIGHTS & ANR. .....Defendants Through: Mr. Mandavya Kapoor, Advocate for D1. CORAM: HON'BLE MR. JUSTICE TEJAS KARIA O R D E R % 17.09.2025 1. The learned Counsel for the Parties submit that the Parties have entered into a Settlement Agreement dated 15.07.2025, which is placed on record by the Delhi High Court Mediation and Conciliation Centre and that the Suit may be decreed in terms of the Settlement Agreement. 2. The learned Counsel for Defendant No. 1 submits that Defendant No. 1 has already complied with the Terms of the Settlement Agreement. 3. The Parties are directed to be bound by the Settlement Agreement. Let the Decree Sheet be drawn in terms of the Settlement Agreement. 4. The Suit and all pending Applications stand disposed of. 5. The learned Counsel for the Plaintiffs prays for refund of the Court Fees on the ground that the matter is settled at an initial stage. 6. In view of the fact that the matter has been settled at an early stage, 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 20/09/2025 at 12:32:11 the Registry is directed to issue a certificate of refund of 100% of the Court Fees in favour of the Plaintiffs, in terms of Section 16 of the Court Fees Act, 1870. 7. It is however, made clear that in case any dispute arises between the Parties and in the event, either Party approaches this Court for enforcement of the Settlement Agreement / Decree, the said Party or Parties will become liable to pay the entire Court Fees thereon. TEJAS KARIA, J SEPTEMBER 17, 2025/sms 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 20/09/2025 at 12:32:11