% 17.12.2015
1. Pursuant to the parties being referred to the Delhi High Court Mediation and Conciliation Centre, a Settlement Report dated 8.9.2015 has been placed on record and enclosed therewith is a Settlement Agreement dated 17.7.2015.
2. Counsels for the parties state that the terms and conditions of the settlement have been detailed in paras 1 to 8 of the Settlement Agreement. They request that in view of the settlement arrived at between the parties, the suit may be decreed.
3. The Court has perused the Settlement Agreement dated 17.7.2015. The same has been signed by the Director of the plaintiffs No. 1 & 2 and the defendant No. 1 as the Managing Director of the CS(OS) 670/2011 Page 1 of 3 defendant No.2/company. The Settlement Report dated 8.9.2015 has been signed by the counsels for the parties as also by the learned Mediator.