Larsen And Toubro Limited vs. Shandong Teijun Electric Power Engineering Company Limited
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Order Issued After Hearing
Purpose:
Ordinary
Before:
Hon'ble Hrishikesh Roy
Stage:
DIRECTION MATTERS
Remarks:
Dismissed [appln for withdrawal is allowed subject to payment of ct.fee]
Listed On:
17 Aug 2020
In:
Chamber
Category:
UNKNOWN
Interlocutory Applications:
50265/2020,50267/2020,
Original Order Copy
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Order Text
Court 8 (Video Conferencing) ITEM NO.6
SUPREME COURT OF INDIA RECORD OF PROCEEDINGS
Petition for Arbitration (Civil) No.33/2019
LARSEN AND TOUBRO LIMITED
Petitioner(s)
VERSUS
SHANDONG TEIJUN ELECTRIC POWER ENGINEERING COMPANY LIMITED
IA No. 50267/2020 - EXEMPTION FROM FILING AFFIDAVIT IA No. 50265/2020 - WITHDRAWAL OF CASE / APPLICATION)
Date: 17-08-2020 These matters were called on for hearing today.
HON'BLE MR. JUSTICE HRISHIKESH ROY CORAM : [IN CHAMBERS]
- For Petitioner(s) Mr. Anshuman Shrivastava, Adv. Mr. B. Ramana Murthy, AOR
- For Respondent(s) Mr. Abhinav Raghuvanshi, Adv. Ms. Anannya Ghosh, AOR
UPON hearing the counsel the Court made the following O R D E R
Mr. Anshuman Shrivastava, learned counsel refers to the memorandum of settlement dated 20.03.2020, executed between M/s. Larsen & Toubro Limited (first party) and M/s. Shandong Teijun Electric Engineering Company Limited (second Power party). Following the said mutual settlement, the petitioner has applied for withdrawal of the Arbitration Petition pending in this Court.
In the Office Report dated 25.06.2020, the Registry has Not Verified $\overline{\mathbf{R}}$ defective as requisite Fee has not been deposited. Court Responding to this, Mr. Shrivastava, learned counsel submits that the defects will be cured
Respondent $(s)$
immediately and subject to this, withdrawal application should be allowed in terms of settlement.
Mr. Abhinav Raghuvanshi, learned counsel is appearing for the respondent and he too submits that under the settlement dated 20.03.2020, parties have resolved their dispute.
In view of above, subject to deposit of the Court Fee, the withdrawal application stands allowed. Consequently, the Arbitration Petition No.33/2019 stands closed, in terms of mutual settlement.
(RACHNA) (DIPTI KHURANA) SENIOR PERSONAL ASSISTANT COURT MASTER (NSH)