Ashish Seth v. Sumit Mittal & Ors. (Contempt Petition)
Background
This is not a final judgment on this contempt petition. Three contempt petitions arose from a Memorandum of Settlement between the Seth Group and the Mittal Group over a Faridabad real estate joint venture.
Decision Breakdown
This is not a final judgment on this petition. The Court dismissed the two contempt petitions filed by the Mittal Group. On Ashish Seth's petition, it found that the Mittal Group had prima facie wilfully failed to meet its obligations, but gave it two more months after the lifting of the COVID-19 lockdown to comply with specific directions, and listed the petition after three months.
Lesson Learnt
There is no final ruling yet on this petition. Courts may give a last chance to comply before deciding contempt.