RSA No. 1047 of 2007(O&M) Satish Walia and another vs. Philicon Electricals(P) Ltd. And another Present: Mr.G.S. Sandhawalia, Advocate for the applicant-appellants. Mr.R.S.Bajaj, Advocate for respondent No.1. *** Mr. Salil Walia, LR of the appellant as identified by his counsel is present in Court. Mr. Arvind Bhalla-respondent as identified by learned counsel is present in Court. Parties are agreed that the appellant shall make a payment of Rs.4 lacs to the respondent by way of four post dated cheques, dated 01.04.2010, 01.08.2010, 01.10.2010 and 01.12.2010. These cheques shall be handed over to learned counsel for the respondent on or before 09.03.2010 to be issued in the name of Mr.Arvind Bhalla-respondent. In the event of these cheques being encashed in the normal course of business the respondent will have no objection if the appeal of the appellants is allowed. However, in the event of any default this appeal shall be deemed to have been dismissed without reference to this court and respondent will be entitled to execute the decree. In view of this agreement the appeal is conditionally allowed in the above terms. (AJAY TEWARI) JUDGE March 02, 2010 sunita