1. Counsels for the plaintiff and the defendants No.2 and 3 jointly
state that they have arrived at a settlement as reduced into writing
vide Deed of Settlement dated 29.10.2015, which they propose to file
before the Company Law Board. True copy of the Deed of Settlement
dated 29.10.2015 is handed over by the counsels for the parties and
taken on record.
2. Counsel for the plaintiff states that in terms of the settlement
recorded in the Deed of Settlement, the plaintiff has undertaken to
withdraw the present suit and he, therefore, seeks leave to do so.
Counsel for the defendants No.2 and 3 confirms the aforesaid position.
CS(OS) 1136/2010 Page 1 of 2
Source: Indian Kanoon