Daily Status
Special Courts for Trial and Disposal of Commercial Disputes, Andhra Pradesh
Case No : COS - 34/2023
Diary No : 3653706001382023
Shrishti Electricals Pvt. Ltd. VS Panasonic Life Solutions Pvt. Ltd.
Listing Date : 15/04/2024
Date 15/04/2024   Court No. 1
Proceedings Summery IA No.207 of 2024 is allowed. The suit is advanced to this date i.e., 15.04.2024 from 30.04.2024. Counsels on both side present. The counsel for the plaintiff filed memo seeking permission to withdraw the suit in view of settlement agreement dated 08.04.2024 entered between the plaintiff and defendant, with a liberty to the plaintiff to initiate any proceedings under any law including filing application for initiation of fresh suit in case of default of settlement by defendant. Along with the memo the plaintiff also filed copy of settlement deed dated 08.04.2024. Heard both sides and perused the record. The counsel for the defendant reported no objection. In the circumstances stated in the memo the plaintiff is permitted to withdraw the suit. Accordingly, the suit is dismissed as withdrawn. No costs. Stage Of Case Issues