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2026 DAILYLAW 21064 (DEL)

AIRTEL PAYMENTS BANK LIMITED v. COM VISION INDIA LIMITED

O.M.P. (COMM)/220/2025 · 2026-10-05

Om Prakash Shukla

body2026

Judgment text

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O.M.P. (COMM) 220/2025 $~4 * IN THE HIGH COURT OF DELHI AT NEW DELHI # CNR No. DLHC010353222025 + O.M.P. (COMM) 220/2025, I.A. 14221/2025, I.A. 18589/2025 & I.A. 24015/2025 AIRTEL PAYMENTS BANK LIMITED .....Petitioner Through: Mr. Sidhant Kumar and Mr. Om Batra, Advocates. versus COM VISION INDIA LIMITED .....Respondent Through: Mr. Nilesh Sharma, Mr. Raktim Gogoi, Mr. Joseph Pookkatt and Mr. Dhawesh Pahuja, Advocates. CORAM: HON'BLE MR. JUSTICE OM PRAKASH SHUKLA ORDER (ORAL) % 05.10.2026 I.A. 27584/2026 (Settlement Agreement) 1. This is an application jointly filed by the parties to bring on record the settlement agreement dated 26.09.2026 along with return of bank guarantee and release of guarantee deposit along with interest, if any. 2. For the reasons stated in the application, the same is allowed. Let the bank guarantee and the deposit be released into the bank account of the Respondent, the details of which are as follows: Account Holder Name Com Vision (India) Limited Signed By:GUNN Signing Date:06.10.2026 11:32:21 Signature Not Verified O.M.P. (COMM) 220/2025 Bank Name Bank of Baroda Branch Name Gurgaon Account No. 01070500000061 IFSC Code BARBOGURGAO 3. Upon such release, the Respondent is liable to perform its contractual obligations in accordance with the settlement agreement. 4. Accordingly, the application is disposed of. O.M.P. (COMM) 220/2025 5. The petition stands disposed of in terms of the settlement agreement dated 26.09.2026. Pending application(s), if any, also stand disposed of. OM PRAKASH SHUKLA, J OCTOBER 5, 2026/pa Signed By:GUNN Signing Date:06.10.2026 11:32:21