It is decided that both the parties have agreed as under:

1. Legitimate payment of the architect as per the services

actually rendered amounts to Rs. 6,01,509/- (Rupees Six lakh
One thousand Five hundred and nine only) should be
released by TCGL. The architect has agreed not to claim any
interest on principle amount in any of the circumstances
relating thereto in future.
2. M/s Falguni Desai: Architect shall, in turn, unconditionally
withdraw the cases both from arbitrator as well as from
Honble High Court of Gujarat bearing no: 96 of 2013 and
6929 of 2013 against blacklisting respectively.
3. The abandoned work at Dandi should be completed by the
same architect in the interest of the execution of the pending
contract for the project: Dandi Destination Development.
4. TCGL shall, in turn, also withdraw the counter claim with the
decision of blacklisting and imposition of penalty @ 25%
which was imposed as an administrative decision due to
exigency of the situation of the relevant time. However, in
view of long standing pendency of unexecuted work of Dandi
Project and that resulted into sheer wastage of government
money and the same should not further prolong to defeat
the motive of holistic development of Dandi destination of
TCGL.
5. It has unanimously been agreed that the charges borne by
both the parties towards arbitrations fee etc. will not be
claimed by either of the parties in any of the circumstances
in future.
6. In the interest of both the parties, this constitutes the
intention of both the parties for amicable settlement and
disposal of cases in arbitration as well as before the Honble
Arbitral Tribunal and secondary before the Honble High
Court of Gujarat, Ahmedabad respectively.
7. This amicable settlement is the full and final settlement of all
the claims, the architect has made against the Tourism
Corporation of Gujarat Ltd. Gandhinagar and, therefore, the
architect shall not raise any further additional claim in future
towards any heads of her claim, of whatsoever in nature, in
the said context of the matter as agreed upon in the
Memorandum of Settlement.