DEEPAK GUPTA & ANR. vs M/S STONEX INDIA PVT LIMITED

Judgment text excerpt

$~11 * IN THE HIGH COURT OF DELHI AT NEW DELHI + RFA(COMM) 154/2025, CM APPLs. 16130/2025 & 16132/2025 DEEPAK GUPTA & ANR. .....Appellants Through: Ms. Shalini Sharma, Advocate. versus M/S STONEX INDIA PVT LIMITED .....Respondent Through: Mr. Aniket Raj, AR. CORAM: HON'BLE MR. JUSTICE C. HARI SHANKAR HON'BLE MR. JUSTICE OM PRAKASH SHUKLA ORDER (ORAL) % 04.12.2025 C. HARI SHANKAR, J. 1. The dispute between the parties stands settled with the intervention of the Delhi High Court Mediation and Conciliation Centre. Settlement agreement dated 3 December 2025 is on record. 2. The terms of settlement read thus: “1. It has been agreed between the parties that to resolve the commercial dispute between the parties the First Party has agreed to pay a lump sum amount of Rs.5,10,000/- (Rupees Five Lakh Ten Thousand Only) to the Second Party to settle all the claims between the Parties. The second Party has agreed to receive this amount as full and final settlement of all their claims against the First Party. The said amount of Rs.5,10,000/- (Rupees Five Lakh Ten Thousand Only) shall be paid by the First Party to the Second Party by way of Demand Draft bearing No. 013575 dated 03.12.2025 drawn on HDFC Bank before the Hon'ble High Court of Delhi. Copy of the said Demand Draft is annexed herewith as Signature Not Verified Signed By:PREETI RFA(COMM) 154/2025 Page 1 of 3 Signing Date:08.12.2025 18:50:49 ANNEXURE-C. 2. It has been agreed between the Parties that the First Party shall pay the above said amount as agreed by way of a Demand Draft to the Second Party on the next date of hearing in court and has placed a copy of the said demand draft along with this settlement. 3. It has also been agreed between the parties that on receipt of the original demand draft by the Second Party, both