PRO RURAL v. HRDS INDIA (THE HIGHRANGE RURAL DEVELOPMENT SOCIETY)
ARB.P./305/2025 · 2025-05-01
Manmeet Pritam Singh Arora
body2025
DailyLaw.ai
[ 2025 DAILYLAW 45171 (DEL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 45171 (DEL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
$~2 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ARB.P. 305/2025 PRO RURAL .....Petitioner Through: Mr. Vikram Hegde and Mr. Ashutosh Yadav, Advs. versus HRDS INDIA (THE HIGHRANGE RURAL DEVELOPMENT SOCIETY) .....Respondent Through: Ms. Nisha Narayanan and Mr. Shariq Iqbal, Advs. (Through VC)
CORAM:
HON'BLE MS. JUSTICE MANMEET PRITAM SINGH ARORA O R D E R %
01.05.2025
1.
Learned counsel for the parties state that parties have executed a conciliated agreement dated 24.04.2025 before the Delhi High Court Mediation and Conciliation Centre.
2. It is recorded in the settlement agreement that a part-payment has been made to the Petitioner and the remaining Rs. 2,46,00,000/- will be paid in five installments; with the first installment on 08.05.2025 and the last installment being paid on 12.09.2025.
3. The conciliated agreement further records that parties have agreed that the status and effect of the agreement will be of an arbitral award as per the Arbitration and Conciliation Act, 1996.
4.
Learned counsel for the Respondent states that Respondent undertakes to perform its obligations under the said agreement. 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 30/06/2025 at 23:50:42
5. The petition is disposed of in terms of said agreement binding the parties to the same.
MANMEET PRITAM SINGH ARORA, J MAY 1, 2025/hp 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 30/06/2025 at 23:50:42