Authority: Supreme Court of India
Order Date: 19 August 2026
Case Overview
- Parties: Appellant M/S NIPANI-ADVAITA DEVELOPERS LLP versus Respondent ASGAR ALI.
- Multiple civil appeals were pending: Civil Appeal No. /2026 (SLP (C) No. 21204/2023), Civil Appeal No. /2026 (SLP (C) No. 21190/2023), and Civil Appeals Nos. /2026 (SLP (C) Nos. 27073‑27074/2023).
- The appeals stemmed from impugned judgments/orders dated 03 August 2023 in Arbitration Appeal No. 218/2023, Arbitration Case No. 34 of 2023, and Arbitration Appeal No. 218 of 2023.
- Numerous interim applications were filed, including discharge of advocates‑on‑record, exemptions from filing O.T., and permission to file additional documents/annexures (IA Nos. 75895/2025, 194335/2023, 198400/2023, 74694/2025, 194123/2023, 198634/2023, 74629/2025, 245005/2023, 45234/2024, 16481/2024).
- During pendency, the parties executed a Settlement Agreement dated 16 August 2026, reducing the terms of their compromise to writing.
- The settlement was filed through IA No. 246607/2026 seeking disposal of the matters and recording the compromise terms.
- The order digitally signed by Babita Pandey on 20 August 2026 at 18:11:34 IST confirms the settlement.
Final Outcome
- In terms of the Settlement Agreement dated 16 August 2026, the judgments/orders dated 03 August 2023 are set aside.
- All the listed appeals are disposed of as per the signed order.
- The terms and conditions of the Settlement Agreement are binding on the parties; any breach permits the aggrieved party to seek specific performance, including recourse to arbitration as provided in the agreement.
- Questions of law arising from the matter are left open for future consideration.
- All pending applications, if any, are ordered to stand disposed of.
Topics: Legal Settlement, Arbitration, Supreme Court Order