SHREYANSH RANSINGH

Roll No. – 19BBL055

SEMESTER VII

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 MEDIATION SETTLEMENT AGREEMENT

BETWEEN:

MS. Jyotika Gaikwad

PARTY A

– and –

X Pvt Limited.
PARTY B

MEDIATION SETTLEMENT AGREEMENT

The parties and their counsel, having met with Sam Hill, Certified High Court Civil
Mediator, for mediation in the above-styled action on December 1, 2022, and having
resolved all disputes between them, agree as follows:

The provisions of the Agreement are as follows:

1. That the two parties have a disagreement as indicated above and that they want to use this
mediation settlement agreement to resolve any or all claims relating to that dispute.
2. In the purchase agreement, Party A has agreed to accept delivery of the vehicle following
the removal of any and all extra features that she did not independently choose to subscribe
for.
3. Assuming that Party A accepts delivery of the car and pays the necessary labour costs,
Party B has guaranteed that Party A won't be charged any further fees. This is in accordance
with the parties' understanding that the cost of additional features cannot be recovered from
just one party. Within 15 days, Party A will be informed of the updated balance outstanding
on the vehicle.
4. In addition, Party A will not be obligated to provide the service or maintenance if the
vehicle is involved in an accident within two years of the date of this agreement. Party B has
agreed to provide any service or maintenance of the vehicle that will be needed within the
next five years without charging a fee, excluding Spare Parts, Additional Features, Security
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Features, Maintenance of Airbag and other accessories.
5. Both parties have agreed to drop any current court cases they have filed as well as any
related lawsuits they may have before another court. However, if one party defaults, the other
party is free to continue any litigation involving the matter that was submitted to mediation.
Furthermore, rather than upon the execution of this settlement agreement, the litigations may
only be withdrawn upon receipt of the full payment and any other date determined by the
party for the payment.
6. Both Parties acknowledge and agree that, unless otherwise specified in this agreement,
there shall be no disagreement between the parties upon receipt or delivery of the full and
final payment of the total sum as determined by the parties through this agreement. Neither
party may interpret this agreement as an admission of guilt on the side of the other party.
7. Both parties acknowledge that they have no claim to any type of damages that may be
obtained or claimed from the other party, including but not limited to: Ordinary damages,
Special Damage, or any other damages, unless otherwise arising out of unforeseeable
circumstances. They also agree to release the other party from any and all claims, cases,
demands, and lawsuits that they may currently be aware of or unaware of, or that are
contingent upon an event or not.
8. The parties acknowledge and agree that the terms of this agreement and the original
purchase agreement constitute their only contracts, and neither party may disclose any
information, including without limitation, the names, addresses, occupations, terms of the
purchase, the price of the vehicle, bank information, bank statements, insurance information,
or financing information. Either party could be sued for damages by the other if any of the
sensitive information included herein was disclosed or leaked.
9. The parties are free to contact Mr. Nona Saxena, the car expert hired to facilitate the
mediation process, if they have any disagreements in the future regarding the understanding,
interpretation, observations, or contradictions in any of the clauses, documents, or annexures
contained in this settlement agreement.
10. The mediator painstakingly crafted and produced the following agreement, and the parties
and their respective representatives have read, examined, and understood its terms. By signing
this Mediation Settlement Agreement, the parties release the mediator from any liability
regarding the interpretation or understanding of this agreement and attest that they were fully
informed of its terms and that all modifications, alterations, and substitutions have been made
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in accordance with their respective needs.
11. The parties acknowledge that they have made their own decisions regarding the
parameters of this settlement agreement and are signing it voluntarily, free from pressure,
duress, restrictions, or false terms.
12. Party A and Party B, as well as their representatives, should cooperate fully in carrying
out the terms of this settlement agreement.
13. Should this Settlement Agreement be violated, it will be deemed binding on the parties
and admissible in court for the purpose of enforcement.

I have read, understood, and agree to the provisions of this Agreement, signed
the day of , 20 .

PLEASE SIGN ON THE LINE, AND PRINT YOUR NAME BELOW THE LINE

ON BEHALF OF [Jyotika Gaikwad] ON BEHALF OF [X Pvt Limited]

I have the authority to bind I have the authority to bind
the company. the company.

(SIGNATURE) (SIGNATURE)

(PRINT NAME) (PRINT NAME)

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MEDIATOR: [Mediator Name]

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