A settlement Deed between Shubhashree Agni Cement Pvt. Ltd based in Nepal, and Ashoka Gears Pvt.Ltd based in India was drafted by Jurist and Company and was duly signed by both the parties.
Shubhashree Agni Cement Pvt. Ltd contracted with Ashoka Gears to erect a 700-ton per day capacity clinker plant in Nepal. Due to some major delay from the Supplier i.e Ashoka Gears, an extension of the contract was signed which was also incomplete. Hence, Agni Cement approached us to help them to settle the matter permanently. So, we drafted a settlement deed which was agreed by both the parties and was duly signed.