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2025 DAILYLAW 38165 (DEL)

ATUL KUMRA v. OXBRIDGE ASSOCIATES LTD

RFA(OS)/20/2020 · 2025-02-13

Rekha Palli, Saurabh Banerjee

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

$~52 * IN THE HIGH COURT OF DELHI AT NEW DELHI + RFA(OS) 20/2020 ATUL KUMRA .....Appellant Through: Mr. Barun Dey, Adv. versus OXBRIDGE ASSOCIATES LTD .....Respondent Through: Mr. Sumeet Lall, Mr. Sidhant Kapoor and Ms. Ankita Chopra, Advs. CORAM: HON'BLE MR. JUSTICE SUBRAMONIUM PRASAD HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR O R D E R % 26.03.2025 CM APPL. 17691/2025 (Directions) 1. Learned counsel for the Respondent has approached this Court for a direction to the registry to release the amount lying with the Registrar General of this Court along with the accrued interest. 2. The relevant record discloses that during the pendency of the appeal, the parties were referred to the Delhi High Court Mediation and Conciliation Centre and have settled their disputes amicably. Accordingly, the appeal has been disposed of in terms of the settlement agreement dated 12.12.2024. 3. The terms of Paragraph No 4 (i) of the settlement agreement indicates that the respondent is entitled to take the amount lying with the Registrar General of this Court in the form of Fixed Deposit Receipt [“FDR”] along with the accrued interest. 4. In view of the settlement agreement entered into between the 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 01/07/2025 at 17:36:44 parties, the application stands allowed. 5. The Registrar General is directed to release the decretal amount lying in the form of FDR along with full interest, by way of a Demand Draft in the Applicant‟s name. SUBRAMONIUM PRASAD, J. HARISH VAIDYANATHAN SHANKAR, J. MARCH 26, 2025/v 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 01/07/2025 at 17:36:44