TARUN KUMAR KATYAL vs VIKAS KATYAL & ANR.

Judgment text excerpt

$~43 * IN THE HIGH COURT OF DELHI AT NEW DELHI Date of decision: 22.05.2025 + CS(OS) 920/2024 & I.A. 45817/2024 TARUN KUMAR KATYAL .....Plaintiff Through: Mr. Harsh Kaushi, Adv. along with Plaintiff versus VIKAS KATYAL & ANR. .....Defendants Through: Mr. Dhruv Chawla and Mrs. Aadya Sinha, Advs. Defendant no. 1 and 2 are present % CORAM: HON'BLE MS. JUSTICE MANMEET PRITAM SINGH ARORA JUDGMENT MANMEET PRITAM SINGH ARORA, J (ORAL): 1. The Delhi High Court Mediation and Conciliation Centre has placed on record the settlement agreement dated 29.04.2025 (‘settlement agreement'). The said agreement is signed by the plaintiff, defendant no. 1 and defendant no. 2. 2. Learned counsels for the parties state that the subject matter of the suit is partition of property bearing no. B-8, Jangpura Extension, New Delhi, 110014 admeasuring 200 sq. yds (‘suit property’) wherein the suit property be divided equally between plaintiff and defendant no.1. 3. It is stated that defendant no. 2 has relinquished her right, title and Signature Not Verified Digitally Signed CS(OS) 920/2024 Page 1 of 3 By:MAMTA RANI Signing Date:24.05.2025 02:30:15 interest in the suit property in favour of the plaintiff and defendant no. 1. It is stated that in this manner the plaintiff and defendant no. 1 have now become entitled to 50% share each in the suit property. 4. It is stated that parties have agreed to re-develop the suit property in collaboration with the developer and the allocation between the parties vis- à-vis collaborator is set out in the clause (d) of the settlement agreement at internal page 5. 5. It is stated that with the execution of this settlement agreement, the immovable suit property stand partitioned between the parties. It is prayed that the final decree be passed in terms of the settle