(114) IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CWP-9402-2025 (O&M) Date of decision:- 19.05.2025 Juneja Sheetz Pvt. Ltd. ...Petitioner(s) Versus HDB Financial Services Limited and others ...Respondent(s) CORAM: HON'BLE MR. JUSTICE SHEEL NAGU, CHIEF JUSTICE HON’BLE MR. JUSTICE SUMEET GOEL Present:- Mr. Akshay Chadha, Advocate, for the petitioner. Mr. Vipul Dharmani, Advocate, for the respondents (through video conferencing). * * * * SHEEL NAGU, C.J. (ORAL) 1. The present petition was filed seeking quashment of the proceedings initiated pursuant to the notice under Section 13(2) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002. 2. During pendency of this petition, the matter was referred to the Mediation and Conciliation Centre of this Court. Thereafter, the matter was listed and the report dated 16.05.2025 has been filed by the Mediator, which is a settlement agreement, wherein the parties have agreed to settle their scores on certain terms and conditions contained therein. 3. The parties shall remain bound by the terms and conditions subject to which the settlement agreement dated 16.05.2025 has been arrived at. AMODH SHARMA 2025.05.20 15:21 I attest to the accuracy and authenticity of this order/judgement CWP-9402-2025 (O&M) -2- 4. There is no need to keep this petition pending any longer. 5. The petition, accordingly, stands disposed of in terms of the settlement agreement dated 16.05.2025 arrived at between the parties. (SHEEL NAGU) CHIEF JUSTICE (SUMEET GOEL) JUDGE 19.05.2025 Amodh Sharma Whether speaking/reasoned Yes/No Whether reportable Yes/No AMODH SHARMA 2025.05.20 15:21 I attest to the accuracy and authenticity of this order/judgement