Punjab-Haryana High Court
Pawan Kuamr vs Hinduja Leyland Finance Ltd & Anr on 7 November, 2019
104+229 IN THE HIGH COURT OF PUNJAB AND HARYANA
AT CHANDIGARH
CM-22838-CII-2019 in/and
CR No.1498 of 2017
Date of Decision: 07.11.2019
Pawan Kumar
.....Petitioner
Versus
Hinduja Leyland Finance Limited and another
........Respondents
CORAM: HON'BLE MS. JUSTICE NIRMALJIT KAUR
Present: Mr. C.K Singla, Advocate
for the petitioner.
Mr. H.R. Bhardwaj, Advocate
for respondent No.1.
Respondent No.2 ex parte
vide order dated 19.05.2017.
NIRMALJIT KAUR, J. (ORAL)
CM-22838-CII-2019 The present application has been filed for placing on record the compromise effected between the parties. For the reasons mentioned in the application, the same is allowed and compromise is taken on record as Annexure P-9.
Main Case Learned counsel for respondent No.1 does not dispute that the matter has been compromised between the parties in terms of the compromise dated 22.03.2019 (Annexure P-9). It is further stated that he has no objection, if the present revision petition is disposed of in the light of said compromise with a further undertaking on behalf of respondent No.1 that the company shall withdraw the petition filed under Section 9 of the Arbitration and Conciliation Act, which is pending before the District Judge, Ludhiana.
1 of 2 ::: Downloaded on - 12-01-2020 07:12:33 ::: CM-22838-CII-2019 in/and CR No.1498 of 2017 -2- In view of the statement made before this Court by learned counsel appearing for respondent No.1-company, learned counsel for the petitioner states that he may be allowed to withdraw the present revision petition.
Dismissed as withdrawn.
However, it is clarified that in case respondent No.1 does not withdraw the petition under Section 9 as stated before this Court, the petitioner will be at liberty to revive the contempt petition.
(NIRMALJIT KAUR) JUDGE 07.11.2019 sandeep Whether Speaking/Reasoned : Yes/No Whether Reportable : Yes/No 2 of 2 ::: Downloaded on - 12-01-2020 07:12:33 :::