HERO AG, CH-5600 LENZBURG, SWITZERLAND, ADDRESS FOR SERVICE IN INDIA LEXORBIS, SOLICITORS AND ADVOC v. HERO INVESTCORP LTD. SUA ROAD, HERO NAGAR, LUDHIANA, PUNJAB
C.O. (COMM.IPD-TM)/120/2022 · 2025-07-07
Saurabh Banerjee
Civil Appealbody2025
DailyLaw.ai
[ 2025 DAILYLAW 28934 (DEL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 28934 (DEL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
$~2 to 4 * IN THE HIGH COURT OF DELHI AT NEW DELHI
C.A.(COMM.IPD-TM) 119/2022
HERO AG
.....Appellant Through: Mr. Gautam Kumar and Mr. Nishant Rai, Advs.
versus
HERO INVESTCORP LTD
.....Respondent Through: Mr. Shobhit Agarwal and Mr. Prajjwal Kushwaha, Advs.
3 + C.O. (COMM.IPD-TM) 120/2022 HERO AG, CH-5600 LENZBURG, SWITZERLAND, ADDRESS FOR SERVICE IN INDIA LEXORBIS, SOLICITORS AND ADVOCATES, 709/710, TOLSTOY HOUSE. 15-17 TOLSTOY MARG, NEW DELHI
.....Petitioner Through: Mr. Gautam Kumar and Mr. Nishant Rai, Advs.
versus HERO INVESTCORP LTD. SUA ROAD, HERO NAGAR, LUDHIANA, PUNJAB
.....Respondent Through: Mr. Shobhit Agarwal and Mr. Prajjwal Kushwaha, Advs.
4
C.O. (COMM.IPD-TM) 652/2022
HERO AG
.....Petitioner Through: Mr. Gautam Kumar and Mr. Nishant Rai, Advs.
versus
HERO INVESTCORP LTD AND ANR
.....Respondents Through: Mr. Shobhit Agarwal and Mr. Prajjwal Kushwaha, Advs.
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 09/07/2025 at 11:31:45
CORAM:
HON'BLE MR. JUSTICE SAURABH BANERJEE
O R D E R %
07.07.2025
1.
Learned counsel for the appellant/ petitioner submits that the parties have reached at an amicable settlement vide Settlement Agreement(s) executed in February, 2025/ March, 2025, however, the same has not been filed owing to the confidentiality of the terms involved.
2.
Learned counsel for the respondent(s) also agrees with the aforesaid submission(s) of learned counsel for the appellant/ petitioner.
3. In view of the amicable settlement arrived inter se the parties,
learned counsel for the parties submit that the parties shall remain bound by the terms and conditions of the aforesaid Settlement Agreement(s).
4. In view thereof, learned counsel for the appellant/ petitioner seeks to withdraw the present appeal(s)/ petition(s).
5. The present appeal(s)/ petition(s) are dismissed as withdrawn.
SAURABH BANERJEE, J.
JULY 07, 2025/Ab 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 09/07/2025 at 11:31:45