SAHIL TAYAL vs ASHA RANI AND OTHERS

COCP-1602-2020 1 IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH COCP-1602-2020 (O&M) Date of Decision: May 26, 2026 Sahil Tayal ......Petitioner Vs. Asha Rani and ors. .....Respondents CORAM: HON'BLE MRS. JUSTICE SUDEEPTI SHARMA Present: Mr. Aditya Jain, Advocate for the petitioner. Mr. Keshav Pratap Singh and Mr. Tarun Hooda, Advocates for the respondents. **** SUDEEPTI SHARMA J. (Oral) 1. The present contempt petition has been filed for non-compliance of undertaking given before this Court in CRM-M-43679-2017 on 10.09.2019, which was disposed of in terms of CRM-M-33590-2017. The relevant portion of the same is reproduced as under:- 4. The terms and conditions of the settlement reads as under: “5. Both the parties have reached to the amicable settlement. They hereto confirm and declare that they were voluntarily and of their own free will arrived at this Settlement/Agreement dated 06.09.2019. First party has already submitted SPA of Asha Rani before this Hon'ble Court stating that he is competent to enter into a compromise. The first party No.2 to 4 are the Directors of party No.1, hence, competent to enter into settlement on behalf of first party No.1. Sh. Raj Kumar Tayal is