5 * IN THE HIGH COURT OF DELHI AT NEW DELHI + EX.P. 70/2011 M/S GE MONEY FINANCIAL SERVICES LTD Decree Holder Through: Mr. Amar Singh, Advocate versus OM PRAKASH SEHGAL & ORS Judgement Debtor Through: Mr. Izhar Hashmi, Advocate CORAM: HON'BLE MR. JUSTICE VIPIN SANGHI ORDER % 01.06.2011 The parties have placed before this Court the original memorandum of settlement executed between them. As per the slttlement, the judgment debtor has agreed to pay 19 outstanding equated monthly installments in respect of the home equity loan as per the tabulation contained in said memorandum. The parties have also agreed that in case of two consecutive defaults in payment of the EMIs, the decree holder shall be entitled to initiate fresh execution proceedings immediately for recovery of the awarded amount under the decree. It has been agreed between the parties that the decree holder shall withdraw the present execution petition and the judgment debtor shall withdraw O.M.P. No.150/2011 (objections under section 34 of the Act) upon the settlement being recorded. Signing Date:28.08.2024 16:59:34 Certify that the digital and physical file have been compared and the digital data is as per the physical file and no page is missing. Signature Not Verified r In view of the aforesaid position, the aforesaid settlement is tal<en on record. The parties undertake to remain bound by the terms thereof. The settlement shall bind the parties. Petition stands disposed of. JUNE 01, 2011 sr VIPIN SANGHI, J