RAJINDER KAUR vs CANARA BANK

Judgment text excerpt

$~8 * IN THE HIGH COURT OF DELHI AT NEW DELHI + RFA(COMM) 384/2025 & CM APPL. 42162/2025 RAJINDER KAUR .....Appellant Through: Mr. Prakhar Singh Sengar and Mr. Tushar Swami, Advs. versus CANARA BANK .....Respondent Through: Mr. Akash Swami, Mr. Akhilesh Tejpal, Ms. Devika Mathur and Ms. Ayushi Negi, Advs. CORAM: HON'BLE MR. JUSTICE C. HARI SHANKAR HON'BLE MR. JUSTICE OM PRAKASH SHUKLA ORDER(ORAL) % 20.01.2026 C. HARI SHANKAR, J. 1. The disputes between the parties stand settled with the intervention of the Delhi High Court Mediation and Conciliation Centre. The settlement agreement dated 19 January 2026 is on record. The terms of settlement read thus: “AGREED TERMS AND CONDITIONS 1. The Parties state that the Second Party had instituted a commercial suit against the First Party which was decreed by the Learned Trial Court, Shahdara, Karkardooma Courts, Delhi vide judgment and decree dated 01.05.2025 for a sum of Rs. 11,00,000/- along with pendente lite and future interest @ 6% per annum and costs, and that the First Party thereafter preferred RFA (COMM) 384 of 2025 before the Hon’ble High Court of Delhi. During the pendency of the appeal, the Hon’ble High Court vide order dated 17.08.2025 stayed the execution of the decree subject to deposit of 50% of the decretal amount, pursuant to which the First Party deposited a Demand Draft bearing No. 340637 dated 11.08.2025 for an amount of Rs. 5,49,042/- in the name of the Registrar Signature Not Verified Signed By:RAJEEV RFA(COMM) 384/2025 Page 1 of 4 DHANKHAR Signing Date:22.01.2026 18:15:51 General, Hon’ble High Court of Delhi. 2. It is agreed that the First Party shall settle the entire dispute with the Second Party for a total settlement consideration of Rs. 11,00,000/- (Rupees Eleven Lakhs only) towards full and final set