J .l J .ll.k.U • .. . . ..... _ #20 * IN THE HIGH COURT OF DELHI AT NEW DELHI + CO.PET. 506/2010 & CO. APPLS. 2356-2357/2010 ..... Petitioner SUKI CREATION P LTD Through Mr. Uchit Bhandari, Advocate versus SUPER LAMICOTE PVT LTD. . .... Respondent Through Mr. Akshay Kumar Ghai with Mr. Rajeev Kumar Bansal, Advocates. CORAM: HON'BLE MR. JUSTICE MANMOHAN ORDER 04.05.2011 Mr. Akshay Kumar Ghai, learned counsel for respondent states that respondent without prejudice to its rights and contentions would deposit within ten days a sum 4,54,175/- in a Fixed Deposit receipt (FDR) initially for a period of one year. Mr. Uchit Bhandari, learned counsel for petitioner states that the said FDR should be endorsed by the Registrar General of this Court with the remarks that the said FDR cannot be encashed prior to the date of maturity. The aforesaid statements made by the learned counsel for parties are accepted and both the parties are held bound by the same. CO.PET. 50612010 Page I of2 - TTT T .- . T T T Digitally Signed By:AMULYA Certify that the digital file and physical file have been compared and the digital data is as per the physical file and no page is missing. Signature Not Verified .. ....... ... ... .. Accordingly, with the consent of parties, I dispose of the present petition by directing the respondent company to deposit the disputed liability 4,54,175/- in an interest bearing FDR with the nationalized bank in the respondent's name initially for a period of one year. The respondent would produce the said FDR before the Registrar General of this Court for endorsement so that the said Fixed Deposit receipt cannot be en cashed prior to its date of maturity. List the matter before the Registrar General on 16 1h May, 2011 for the purposes of endorsement. The petitioner is granted liberty to file appropriate legal proceedings to seek recovery of its alleged outstanding of 4,54,175/- along with interest. It is made clear that the aforesaid FDR would abide by any order which may be passed by any competent Court. Needless to say, this order is without rights and contentions of the parties and the competent Court would decide the case on merits without being influenced by any observation made by this Court. With the aforesaid observation, present petition and pending applications stand disposed of. MAY 04,2011 m CO PET. 506/2010 r ( __ { MANMOHAN,J Page 2 of2 T T r-w T T - -TT ITTT II II Will