Search Results for Tag : Settlement
International Cases
A settlement agreement can be set aside if it was fraudulently obtained(24.07.2024)
The Appellant and the Respondent were married, out of community of property, with the inclusion of the accrual system, on 4 November, 2000. Subsequent.....
Tags : Settlement agreement, Clauses, Common mistake
Financial settlements between spouses reopened for non-disclosure of assets(14.10.2015)
The United Kingdom Supreme Court considered the effects of material non-disclosure at financial settlement between husband and wife on divorce in Tags : Divorce, settlement, non-disclosure, financial, order
It is permissible to add a firm to an existing complaint subsequent to an investigation. Initiation does not require any level of formality(02.05.2017)
Present appeal is against an order of Competition Tribunal in which Tribunal dismissed a series of in limine objections raised by Appellants. On 1st S.....
Tags : Collusive bidding, Investigation, Settlement, Invitation
Top Story
WHO settles long standing dispute between India and European Union(24.11.2016)
The World Health Organization has settled a long standing dispute between India and the European Union (EU) by clarifying that the term ‘counterfeit’ .....
Tags : Settlement, Dispute, Medicines
Direct Tax Vivad se Vishwas Bill, 2020 introduced in Lok Sabha(05.02.2020)
The Minister of Finance introduced the Direct Tax Vivad se Vishwas Bill, 2020 on February 5, 2020, a mechanism for resolving tax disputes pending in v.....
Tags : Settlement, Disputes, Bill
Government proposes quick settlement of contractual disputes to promote ease of doing business(08.02.2023)
The Ministry of Finance circulated a draft scheme. The government intends to bring one time settlement scheme called “Vivad se Vishwas II (Contractual.....
Tags : Contractual disputes, Quick settlement, Disputes
RBI issues framework for compromise settlements and technical write-offs(08.06.2023)
RBI issues a comprehensive regulatory framework governing compromise settlements and technical write-offs covering all the REs. Regulated Entities (RE.....
Tags : Settlements, Framework, Issuance
RBI issues framework for compromise settlements and technical write-offs(08.06.2023)
RBI issues a comprehensive regulatory framework governing compromise settlements and technical write-offs covering all the REs. Regulated Entities (RE.....
Tags : Settlements, Framework, Issuance
Centre allows International Trade Settlements in Indian Rupees for Export Promotion Schemes(09.11.2022)
The Government of India has made suitable amendments in the Foreign Trade Policy and Handbook of Procedures to allow for International Trade Settlemen.....
Tags : Export, Settlement, Rupee
Employees Provident Fund Organisation (EPFO), launches multi-location claim settlement to expedite member claims(15.06.2020)
In order to ensure uniform standards of service delivery across the country and optimum utilisation of its workforce during COVID-19 Pandemic, EPFO ha.....
Tags : Claim pendency, Settlement, Launch
RBI issues framework for compromise settlements and technical write-offs(08.06.2023)
RBI issues a comprehensive regulatory framework governing compromise settlements and technical write-offs covering all the REs. Regulated Entities (RE.....
Tags : Settlements, Framework, Issuance
Government launches one-time settlement Scheme for Contractual Disputes(02.08.2023)
The Department of Expenditure, Ministry of Finance, has launched the scheme, "Vivad se Vishwas II - (Contractual Disputes), to effectively settle the .....
Tags : Settlement Scheme, Launch, Contractual Disputes
Judgments
Disputed questions of facts could not be decided by Writ Court(22.06.2017)
Appellants have challenged order passed by Single Judge of this Court, whereby Single Judge has allowed writ application, quashing orders passed by Su.....
Tags : Settlement, Mutation, Pradhan
The findings cannot be said to be perverse unless it is found that some relevant evidence has not been considered or that certain inadmissible material has been taken into consideration(03.01.2018)
In facts of present case, Defendants awarded to the Plaintiff the construction work of Thana Kot-Naina Devi OFC route. The Plaintiff started the execu.....
Tags : Contract, Accounts, Settlement
A juristic entity can ratify the acts done on its behalf expressly or impliedly(16.03.2018)
Instant appeal is the outcome of the order passed by the learned Single Judge dismissing the applications filed by the Appellant-the Defendant in the .....
Tags : Juristic entity, Settlement, Validity
High Court has inherent power to quash criminal proceedings even in non-compoundable cases, where parties have settled matter between themselves(05.09.2019)
By way of instant petition filed under Section 482 of the Code of Criminal Procedure, 1973 (CrPC), a prayer has been made on behalf of the Petitioners.....
Tags : Settlement, Proceedings, Quashing of
High Court has inherent power to quash criminal proceedings even in the cases which are not compoundable but where parties have settled the matter between themselves(02.12.2019)
By way of present petitions filed under Section 482 of the Code of Criminal Procedure, 1973 (CrPC) a prayer has been made on behalf of the Petitioner(.....
Tags : Complaint, Quashing of, Settlement, Parties
Court can reduce quantum of sentence on basis of amicable settlement(05.01.2021)
Present appeals have been preferred against the judgment of the High Court which upheld Appellant’s conviction under Sections 324 and 341 of the India.....
Tags : Amicable settlement, Quantum, Sentence
Adjudicating Authority and Appellate Authority under IBC cannot compel a party to the proceedings before it to settle a dispute(14.12.2021)
In present matter, on a petition which was instituted by the Appellants under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) for initiati.....
Tags : Dispute, Settlement, Direction
Cases arising out of matrimonial differences should be put to quietus, if the parties have arrived upon a genuine settlement(17.04.2023)
The present petition has been filed seeking quashing of FIR under Sections 498A/406/34 of Indian Penal Code, 1860 (IPC). The marriage between Petition.....
Tags : Settlement, FIR, Quashing of
Cases arising out of matrimonial differences should be put to quietus, if the parties have arrived upon a genuine settlement(17.04.2023)
The present petition has been filed seeking quashing of FIR under Sections 498A/406/34 of Indian Penal Code, 1860 (IPC). The marriage between Petition.....
Tags : Settlement, FIR, Quashing of
Litigation in the SARFAESI and DRT does not preclude the Bank to take specific remedy provided under Section 7 of IBC(31.08.2023)
Present Appeal has been filed against the order passed by the Adjudicating Authority (National Company Law Tribunal) Indore Bench, by which Applicatio.....
Tags : Settlement, Application, Provision
Court should not interfere with an order of Settlement Commission, passed in exercise of its discretionary powers, unless order contravenes provisions of Act(25.09.2023)
Present appeal has been filed assailing the judgment passed by the High Court whereby the judgment of the learned Single Judge, remanding the matter t.....
Tags : Settlement Commission, Discretionary powers, Supreme Court
Court has an inherent power to quash criminal proceedings even in non-compoundable matters, where parties have settled matter between themselves(22.09.2023)
Present petition has been filed under Section 482 of Code of Criminal Procedure, 1973 (CrPC) seeking quashing of case FIR under Sections 420/34 of Ind.....
Tags : FIR, Quashing of, Settlement
News
TDSAT Dismisses ISP Netmagic’s Plea Against DoT’s AGR Demand(23.11.2020)
Telecom Disputes Settlement & Appellate Tribunal (TDSAT) has dismissed Internet service provider (ISP) Netmagic Solutions' plea to prevent the Departm.....
Tags : Telecom Disputes Settlement & Appellate Tribunal, Adjusted Gross Revenue Demand
SC: Be Slow in Quashing Criminal Proceedings on Basis of Settlement When Offences Impacting Others(09.09.2022)
Supreme Court has held that courts should be slow to exercise their jurisdiction to quash criminal proceedings on the basis of settlement, when offenc.....
Tags : Supreme Court, Quashing, Settlement
Kar. HC: POCSO Case Against Minor Can be Quashed on Parties Arriving at Mutual Settlement(09.09.2022)
Karnataka High Court has allowed petition filed by minor boy and set aside investigation initiated against him under sections of the Protection of Chi.....
Tags : Karnataka High Court, POCSO, Mutual Settlement
Kar. HC: Unregistered Family Settlement Admissible Only If Confirmed With Approval of All Members(15.09.2022)
Karnataka High Court has held that family settlement arrived at between parties to share immovable properties has to be among all family members who a.....
Tags : Karnataka High Court, Registered Document, Family Settlement
Bom. HC: State Cannot Impose any Condition on the Allotment that May Lead to Loss of the Land(01.11.2023)
Bombay High Court has held that any condition leading to revoking of land allotment which was allotted pursuant to land acquisition by State, would no.....
Tags : Bombay High Court, Allotment, Resettlement Act
Averments set up by applicants are expected to be specifically denied by replying party, if there is no specific denial, then such an averment is deemed to have been admitted by the otherside(04.06.2018)
The Applicants have filed instant applications before present Court for the appointment of a sole Arbitrator under Section 11(6) of the J & K Arbitrat.....
Tags : Dispute, Settlement, Arbitrator, Appointment
Court can compound offence, if the parties have settled the dispute amicably(26.10.2018)
Prayer in present appeal is for setting aside the judgment of conviction passed by the Additional Sessions Judge vide which the Appellant was convicte.....
Tags : Conviction, Dispute, Settlement
Government set to settle retrospective tax disputes(21.03.2016)
The Government is set to approve a scheme allowing firms mired in retrospective-tax disputes to settle them after paying principal tax. The scheme is .....
Tags : Retrospective tax, companies, settlement
Government set to settle retrospective tax disputes(21.03.2016)
The Government is set to approve a scheme allowing firms mired in retrospective-tax disputes to settle them after paying principal tax. The scheme is .....
Tags : Retrospective tax, companies, settlement
SC: NALSA Recommendation on Pre-Litigation Mediation Settlement of Cheque Bounce Cases Not Feasible(19.01.2021)
Supreme Court has observed that NALSA's recommendations on pre-litigation mediation for settlement of cheque bounce cases under Section 138 of the Neg.....
Tags : Supreme Court, Pre-Litigation Mediation Settlement
CIVIL - Liability of Past Dues Rests Only with RCom and Not with Reliance Jio: TDSAT(27.02.2019)
Telecom Dispute Settlement Appellate Tribunal (TDSAT) has said that liability of past dues related to Spectrum Usage Charges (SUC) rested only with Re.....
Tags : Telecom Dispute Settlement Appellate Tribunal (TDSAT), RCom
CIVIL - Liability of Past Dues Rests Only with RCom and Not with Reliance Jio: TDSAT(27.02.2019)
Telecom Dispute Settlement Appellate Tribunal (TDSAT) has said that liability of past dues related to Spectrum Usage Charges (SUC) rested only with Re.....
Tags : Telecom Dispute Settlement Appellate Tribunal (TDSAT), RCom
SEBI Issues Framework for Core Settlement Guarantee Fund(06.01.2020)
Securities and Exchange Board of India has come out with a new framework for a Core Settlement Guarantee Fund and liability of non- defaulting members.....
Tags : SEBI, Core Settlement Guarantee Fund
SC Stays TDSAT Order Which Set Aside DoT Demand for License Fee from Internet Service Providers(06.01.2021)
Supreme Court has stayed the order of the Telecom Disputes Settlement Appellate Tribunal (TDSAT) which directed the Union of India to refund the amoun.....
Tags : Supreme Court, Telecom Disputes Settlement Appellate Tribunal, Internet Service Provider
Del. HC: Minors Kidnapping Cases Can’t be Quashed by Settlement(07.12.2023)
Delhi High Court while observing that cases involving children can’t be quashed based on settlement between parties, has stated that such settlement r.....
Tags : Delhi High Court, Minor, Kidnapping, Settlement
Karnataka High Court: KIAD Act Must Conform to Provisions of Centre's 2013 Land Acquisition Act(21.04.2017)
Karnataka High Court has ruled that Section 24 of Centre's Land Acquisition, Rehabilitation and Resettlement Act, 2013 that deals with compensation, w.....
Tags : Karnataka High Court, Land Acquisition, Rehabilitation and Resettlement Act, 2013
Delhi HC: Practice of Handwritten Clauses In Mediation Settlement Needs To Be Discontinued(10.11.2021)
Delhi High Court has observed that the practice of handwritten clauses in mediation settlements needs to be discontinued forthwith, unless it is count.....
Tags : Delhi High Court, Practice of Handwritten Clauses In Mediation Settlement
SC: Cheque Dishonour Proceedings to be Quashed Once Settlement Deed is Signed by the Complainant(09.01.2024)
Supreme Court has held that once settlement has been arrived at and the complainant has signed the deed accepting a particular amount in full and fina.....
Tags : Supreme Court, Cheque Dishonour, Settlement Deed
Delhi High Court: Settlement Agreement Should Not Encourage Further Litigation(15.05.2017)
Delhi High Court has rapped it Mediation Cell for drawing up a settlement agreement that had resulted in further litigation.
Tags : Delhi High Court, Settlement Agreement
SC: Subsequent Parties Entitled To Seek Declaration that Land Acquisition Proceedings Have Lapsed(05.05.2017)
Supreme Court has held that subsequent purchaser, assignee, successor in interest, power of attorney, etc., are all persons who are interested in comp.....
Tags : Supreme Court, Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act
Shareholders can Apply for Settlement Approval with Creditors Even After Liquidator Appointed: NCLAT(16.04.2019)
National Company Law Appellate Tribunal has held that shareholders/promoters of a company can file application for approval of settlement with credito.....
Tags : NCLAT, Settlement Approval, Official Liquidator
SC Seeks Azim Premji's Response to Settlement Proposal of NGO India Awake For Transparency(12.01.2022)
Supreme Court has suggested a settlement be reached between Azim Premji and the NGO India Awake Transparency which is facing contempt proceedings for .....
Tags : Supreme Court, Settlement Proposal, Azim Premji, NGO India Awake For Transparency
Delhi HC Refuses to Stay TDSAT Order on Reporting of Segmented Offers(07.05.2018)
Delhi HC has refused to stay interim relief provided by Telecom Disputes Settlement and Appellate Tribunal (TDSAT) to the companies from reporting seg.....
Tags : Delhi HC, Telecom Disputes Settlement and Appellate Tribunal
Securities and Exchange Board of India Cuts Timeline for Filing Settlement Application to 60 Days(18.01.2022)
Securities and Exchange Board of India (SEBI) has cut the timeline for filing settlement applications to just 60 days from the current 180 days in its.....
Tags : Securities and Exchange Board of India, Timeline for Filing Settlement Application
Govt. Fixes Deadline for Retro Tax Settlement Window(12.07.2016)
Government has fixed December 31, 2016 as deadline to multinational companies to settle their tax issues that arose as result of retrospective amendme.....
Tags : Government , Tax Settlement Window
TDSAT Stays TRAI Order on Allowing Subscribers to Port Out of Network from Service Provider(28.12.2021)
Telecom Disputes Settlement and Appellate Tribunal (TDSAT) has stayed the Telecom Regulatory Authority of India’s (TRAI) orders which allowed subscrib.....
Tags : Telecom Disputes Settlement and Appellate Tribunal, Allowing Subscribers to Port Out of Network
Kar. HC: Husband’s Remarriage Not Ground to Question Divorce Settlement Arrived Earlier(06.01.2023)
Karnataka High Court has held that remarriage of former husband is not a ground to question the divorce settlement arrived between the couple after is.....
Tags : Karnataka High Court, Divorce, Settlement
Madras HC: Marriages Can’t be Dissolved through Settlement Deeds(14.09.2016)
Madras HC has said that married couples cannot legally dissolve their marriages by simply entering into a mutual written agreement titled ‘Divorce Set.....
Tags : Madras HC , Divorce Settlement Deed
Calcutta High Court: Finding Fact of Settlement Commission Not Open to Judicial Review(19.06.2017)
Calcutta High Court has held that a finding of fact made by Settlement Commission is not open to judicial review unless it is established that such fi.....
Tags : Calcutta High Court, Settlement Commission
Delhi HC: Settlements Entered Into in Industrial Disputes are Legal and Valid(07.02.2022)
Delhi High Court has observed that settlements entered into in industrial disputes are legal and valid even though provisions similar to Order XXIII R.....
Tags : Delhi High Court, Settlement in Industrial Dispute
Notifications & Circulars
Settlement System under Asian Clearing Union(30.06.2016)
The Reserve Bank of India has temporarily suspended the Asian Clearing Union - Euro payment channel from 1 July 2016.
The move comes as the.....
Tags : acu, euro, settlement system, suspended
Acceptance of Central Government Securities by Clearing Corporations towards Core Settlement Guarantee Fund (SGF) Contribution by Clearing Members(26.04.2017)
1) SEBI vide circular no. CIR/MRD/DRMNP/25/2014 dated August 27, 2014, specified the guidelines for Core Settlement Guarantee Fund, Default Waterfall .....
Tags : Securities, Acceptance, Core Settlement
SC Seeks Govt Reply on Vacancies in Apex Telecom Tribunal, Extends Chairman’s Tenure(08.04.2020)
Supreme Court has sought the response of Central Government on Centre's apathy in not appointing members and chairperson of the Telecom Disputes Settl.....
Tags : Supreme Court, Vacancies in Telecom Disputes Settlement and Appellate Tribunal
Del. HC: ITSC Can Only Grant Immunity from Penalty & Prosecution in Case of Full & True Disclosure(15.04.2024)
Delhi High Court has held that the power to grant immunity from penalty and prosecution is entrusted to the Income Tax Settlement Commission (ITSC) on.....
Tags : Delhi High Court, Income Tax Settlement Commission, Penalty & Prosecution, True Disclosure
J&K&L HC: Extreme Injustice to Parties if Despite Settlement, Criminal Proceedings Allowed to Continu(21.03.2022)
Jammu and Kashmir and Ladakh High Court has observed that it would amount to extreme injustice if despite settlement having been arrived at by the par.....
Tags : Jammu and Kashmir and Ladakh High Court, Criminal Proceedings, Settlement
Madras HC: ITSC Cannot Force Income Tax Dept to Settle Disputes with Assessees(26.04.2021)
Madras High Court has ruled that Income Tax Settlement Commission (ITSC) cannot force the Income Tax Department to settle disputes with assessees if t.....
Tags : Madras High Court, Income Tax Settlement Commission
Delhi High Court: DRI Has No Jurisdiction to File Writ Against Order of Settlement Commission(23.05.2017)
Delhi High Court has held that Directorate of Revenue Intelligence (DRI) has no jurisdiction to file Writ Petition under Article 226 of Constitution o.....
Tags : Delhi High Court, Settlement Commission, Directorate of Revenue Intelligence
Customs and Central Excise Settlement Commission (Amendment) Procedure, 2017(09.05.2017)
In exercise of the powers conferred by sub-section (4) of Section 32-I of the Central Excise Act, 1944 (1 of 1944) and sub-section (4) of section 127 .....
Tags : Settlement Commission, Amendment, Procedure
National Electronic Funds Transfer (NEFT) system - Settlement at half-hourly intervals(08.05.2017)
1.National Electronic Funds Transfer (NEFT) system presently settles the fund transfer requests of the participating banks on net basis at hourly inte.....
Tags : NEFT, Settlement, Intervals
Cabinet approves signing of the UN Convention on International Settlement Agreements resulting from mediation by India(31.07.2019)
The Union Cabinet chaired by Prime Minister Narendra Modi has approved the signing of the United Nations Convention on International Settlement Agreem.....
Tags : Mediation, UN Convention, Settlement Agreements
LLP settlement Scheme, 2020(04.03.2020)
1. It has been almost over a decade since LLP Act came into being. The Limited Liability Partnership (LLP) is viewed as an alternative corporate busin.....
Tags : LLP, Settlement Scheme
NCLT Says 'No' to Withdrawal of Petition Even After Parties Proposed Settlement(01.06.2017)
NCLT has held that after admission of petition, it acquires character of representative suit wherein other creditors get a right to participate in ins.....
Tags : NCLT, Settlement
Kerala HC: No Illegality in Invoking LARR Act for Land Acquisition(30.03.2022)
Kerala High Court has reiterated that the State government was reasonable in acquiring land in furtherance of its K-Rail SilverLine Project by invokin.....
Tags : Kerala High Court, K-Rail SilverLine Project, Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013
Delhi HC: Not Compulsory to Register or Pay Stamp Duty on Family Settlements(30.03.2022)
Delhi High Court has decided that it is not mandatory to compulsorily register family settlements and to pay stamp duty when such settlement is arrive.....
Tags : Delhi High Court, stamp duty, Family settlements
Rajasthan HC: Settlement Between Employer and Workmen to be Sent to Labour Commissioner(05.04.2022)
Rajasthan High Court has held that unequal bargaining power between an employer and its workmen under Industrial Disputes Act, 1947 requires the settl.....
Tags : Rajasthan High Court, Settlement Between Employer and Workmen
Madras HC Recalls Order Allowing MACTs to Record Compromise Settlements(27.05.2020)
Madras High Court has withdrawn its earlier order allowing the Motor Accidents Claims Tribunals in the Tamil Nadu to entertain compromise applications.....
Tags : Madras High Court, Compromise Settlements
Modi Government Notifies Rules for Land Acquisition Bill 2013(21.12.2015)
Modi Government has notified rules for Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act 2013, pass.....
Tags : Modi Government, Land Acquisition, Rehabilitation and Resettlement Act 2013
Paternity Leave for male bank employees(08.03.2016)
Male bank employees with fewer than two surviving children are eligible for 15 days of paternity leave. During their wife’s confinement, male employee.....
Tags : Paternity leave, wage negotiation settlement
Guidelines on settlement of Life Insurance Claims to the victims of Heavy rainfall and floods in Andhra Pradesh, Telangana, Maharashtra and Karnataka(02.11.2020)
As a result of recent havoc created by heavy rainfall and floods there are reports of loss of human lives and loss of belongings in the affected Distr.....
Tags : Guidelines, Settlement, Insurance Claims
RBI publishes daily data of select payment systems(04.06.2020)
The Reserve Bank published settlement data of select payment systems. It captures volume and value of transactions undertaken in payments systems oper.....
Tags : Settlement Data, Payment systems, Publishing of
Norms on settlement of COVID-19 health insurance claims(29.04.2021)
1. Reference is invited to Order dated 28.4.2021 passed by Hon'ble High Court of New Delhi in WP(C) No. 5026 /2021 wherein IRDAI was directed to advis.....
Tags : Norms, Settlement, COVID-19 health insurance
TDSAT Rejects TRAI Plea to Change Airtel, VIL Interim Order(05.08.2020)
Telecom Disputes Settlement & Appellate Tribunal (TDSAT) has rejected the plea of Telecom Regulator of India to change its interim order to note that .....
Tags : Telecom Disputes Settlement and Appellate Tribunal, Telecom Regulatory Authority of India
SEBI Issues Guidelines for Settlement of Running Accounts of Client Funds and Securities(17.06.2021)
Securities and Exchange Board of India has come out with new guidelines for settlement of running account of client's funds and securities that will b.....
Tags : Securities and Exchange Board of India, Settlement of Running Accounts
Supreme Court Refuses to Halt Demolition of Settlements in Faridabad Khori Gaon(18.06.2021)
Supreme Court has refused to halt demolition of 10,000 houses that has been planned by the Municipal Corporation of Faridabad at Khori Gaon in Faridab.....
Tags : Supreme Court, Demolition of Settlements in Faridabad Khori Gaon
Ker HC: Recklessly Permitting Human Settlement Near Elephant Habitat Leading to Man-Animal Conflicts(13.04.2023)
Kerala High Court has observed that increasing instances of human elephant conflict that we are confronted with today appear to be nothing but inevita.....
Tags : Kerala High Court, Human Settlement, Elephant Habitat, Man-Animal Conflict
SC: Memorandum of Family Settlement Binding on Parties; Does Not Require Registration(04.08.2020)
Supreme Court has observed that a 'memorandum of family settlement' is not required to be registered and is binding on the parties.
Tags : Supreme Court, Memorandum of Family Settlement
SC Gives Split Verdict on Jurisdiction of Settlement Commission w.r.t Goods U/S 123 Customs Act(08.05.2023)
Supreme Court division bench comprising Justices Krishna Murari and Sanjay Karol has delivered a split verdict in respect to issue if jurisdiction of .....
Tags : Supreme Court, Customs Act, Settlement Commission
Introduction of T+1 rolling settlement on an optional basis(07.09.2021)
1. SEBI, vide circular no. SMD/POLICY/Cir-/03 dated February 6, 2003, shortened the settlement cycle from T+3 rolling settlement to T+2 w.e.f. April 0.....
Tags : Introduction, T+1 rolling settlement, Optional basis
Government of India guaranteed term loan extended by SBI to the Government of Sri Lanka- Settlement in INR(19.05.2022)
1. Attention of Authorised Dealer Category - I (AD Category-I) banks is invited to Regulations 3 and 5 of Foreign Exchange Management (Manner of Recei.....
Tags : Term loan,Extension, Settlement
Del. HC Issues Guidelines For Preparing Mediation Settlement Agreements In Matrimonial Cases(22.05.2023)
Delhi High Court has issued guidelines to be followed by mediators while drafting settlement agreements in matrimonial cases and observed that such ag.....
Tags : Delhi High Court, Settlement Agreements, Matrimonial Cases
Supreme Court: Week Long Special Lok Adalat Commences(30.07.2024)
A Special Lok Adalat has commenced in Supreme Court from 29th of July to the 3rd of August 2024, with the aim of facilitating amicable settlements of .....
Tags : Supreme Court, Special Lok Adalat, Amicable Settlements
Kerala HC: Cannot Rely on Settlement Affidavit to Quash Rape Case(03.08.2024)
Kerala High Court has held that whether the relationship between parties is consensual, is a matter to be decided during evidence and an offence like .....
Tags : Kerala High Court, Settlement Affidavit, Rape Case
Bombay HC Quashes FIR on Amicable Settlement Between Man and Victim(24.07.2020)
Bombay High Court has quashed a First Information Report filed against a 25-year-old man accused of sexually assaulting a 17-year-old boy after the fa.....
Tags : Bombay High Court, Amicable Settlement Between Man and Victim
Ker. HC: Settlement of Cases Including Offence of Rape & POCSO Act Offences is Not Permissible(26.07.2024)
Ker. HC has held that settlement of cases including offence of rape and POCSO Act offences is not permissible under law. However, if accused marries t.....
Tags : Kerala High Court, Offence of Rape, Settlement
Kar HC: No Interference in Settlement Commission's Order Accepting Expl. In the Spirit of Settlement(12.08.2024)
Karnataka High Court has held that acceptance of explanation ‘in the spirit of settlement’ by the Settlement Commission, cannot put the commission at .....
Tags : Karnataka High Court, Settlement Commission, Limited Jurisdiction
Communication on settlement of health insurance claims against General Insurance Council's instructions dated 20th June 2020 on "Reference, Rates for COVID-19"(13.01.2021)
1. Attention is drawn to the Circular ref: "Reference rates for COVID-19 treatment" dated 20th June 2020 issued by General Insurance Council [GIC]. Tags : Communication, Settlement, Insurance claims
International Trade Settlement in Indian Rupees (INR) - Opening of additional Current Account for exports proceeds(17.11.2023)
1. Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to A.P. (DIR Series) Circular No. 10 dated July 11, 2022, in terms o.....
Tags : International Trade Settlement, Additional current account
EPFO expands 'Ease of Living by reducing service delivery time for claim settlement(13.05.2024)
For enhancing ease of living for its crores of members, EPFO has now introduced auto-mode settlement of advance claims for the purpose of education & .....
Tags : EPFO, Expansion,Claim settlement
P&H HC: In Criminal Cases, Courts are Required to Not Accept Piecemeal Settlements(14.11.2024)
P&H HC has stated that to ensure that the victim/complainant, does not become the driver of the criminal justice system, through makings of piecemeal .....
Tags : P&H High Court, Piecemeal Settlements, Criminal Cases
Supreme Court: No Costs to be Imposed if Settlement is Reached at Stage of Issuance of Summons(19.08.2019)
Supreme Court has clarified that there is no requirement of imposing cost when the parties to a cheque bounce case have amicably settled the dispute a.....
Tags : Supreme Court, Settlement
Delhi HC: Both Parents Are Involved In Overall Development of their Children(13.05.2022)
Delhi High Court while dealing with a contempt plea filed by a wife for the alleged non-compliance of the order passed by the family court, has observ.....
Tags : Delhi High Court, family court, settlement agreement
SC to Bank: ‘You Don't Go After Big Fish, But You Harass Poor Farmers’(17.05.2022)
Supreme Court has pulled up the Bank of Maharashtra for challenging an order of the Madhya Pradesh High Court directing it to accept the One Time Sett.....
Tags : Supreme Court, Bank of Maharashtra, One Time Settlement, Madhya Pradesh High Court
NCLAT: If Settlement Fails, Deposit for One Time Settlement Proposal Remains Corp. Debtor's Asset(16.12.2024)
NCLAT New Delhi bench has held that the amount deposited by the Corporate Debtor with the bank in pursuance of One Time Settlement shall remain the co.....
Tags : NCLAT New Delhi, One Time Settlement, Corporate Debtor
Supreme Court: Can Compromise Grievous Hurt Offence in Exceptional Circumstances(08.01.2025)
SC has held that while the offence of grievous hurt under Section 326 of IPC is non-compoundable under CrPC, 1973, the exceptional circumstances of a .....
Tags : Supreme Court, Grievous Hurt Offence, Voluntary Settlement
Settlement of Running Account of Client's Funds lying with Trading Member (TM)(28.12.2023)
1. In order to safeguard the interests of investors, SEBI in 2018 had mandated settlement of running account of client's funds on first Friday of the .....
Tags : Settlement, Running Account, Trading Member
e-Settlement Scheme, 2021(01.11.2021)
In exercise of the powers conferred by sub-section (11) and (12) of section 245D of the Income-tax Act, 1961 (43 of 1961), the Central Government here.....
Tags : E-Settlement, Scheme, 2021
Introduction of additional settlement batches in National Electronic Funds Transfer (NEFT) System(08.05.2017)
The Reserve Bank of India in its First Bi-monthly Monetary Policy Statement for 2017-18 has announced the introduction of additional settlements in th.....
Tags : NEFT, Additional settlement, Introduction
Government of India at forefront to promote Alternative Dispute Resolution Systems(08.02.2024)
The Government has been at the forefront of promoting Alternative Dispute Resolution Systems. The enabling legal framework for resolution of disputes .....
Tags : ADR Systems, Disputes, Settlement
RBI publishes 'Payment and Settlement Systems in India: Vision 2019 - 2021'(15.05.2019)
The Reserve Bank of India has today placed on its website the "Payment and Settlement Systems in India: Vision 2019 - 2021". The Payment Systems Visio.....
Tags : Settlement Systems, Vision, Publishing of
SC Grants Benefit of Probation of Offenders Act to Accused on Ground of Settlement between Parties(10.01.2025)
Supreme Court invoked its jurisdiction under Article 142 of COI and granted benefit of the Probation of Offenders Act, 1958 to the accused considering.....
Tags : Supreme Court, Probation of Offenders, Settlement
Securities and Exchange Board of India Proposes T+1 Settlement Cycle from January 1(08.09.2021)
Securities and Exchange Board of India has proposed a ‘Trade-plus-one’ (T+1) settlement cycle from 1st January, 2022, where the trades will get settle.....
Tags : Securities and Exchange Board of India, T+1 Settlement Cycle
Bombay HC: Contract Discharged by Settlement Can’t be Referred to Arbitration(18.08.2022)
Bombay High Court has held that once a settlement is arrived at by the parties, the contract between the parties stands discharged by mutual agreement.....
Tags : Bombay High Court, Arbitration, Contract, Settlement
Supreme Court Explains Distinction between Gift/Settlement Deed & Will(26.03.2025)
SC has observed that in case of gift, it is a gratuitous grant by owner to another person, in case of a settlement, the consideration is mutual love, .....
Tags : Supreme Court, Settlement Deed, Gift, Will
NCLAT: Can’t Preclude Financial Creditors from Filing Applic. in Case of Settlement Agreement Breach(07.04.2025)
NCLAT New Delhi bench has held that merely because financial creditors have entered into a settlement agreement with the corporate debtor that was sub.....
Tags : NCLAT New Delhi, Settlement Agreement, IBC
SEBI clarifies on reports regarding T+0 settlement cycle(31.07.2024)
At an NSE event on July 30, 2024 the SEBI Chairperson released a report on "Indian Capital Markets: Transformative shifts achieved through technology .....
Tags : Reports, T+0 settlement cycle, secondary market
International Trade Settlement in Indian Rupees(11.07.2022)
1. In order to promote growth of global trade with emphasis on exports from India and to support the increasing interest of global trading community i.....
Tags : International Trade, Settlement, Indian Rupees
Delhi HC: Enquiry u/s 11 of A&C Act Limited to Existence of Arbitration Agreement(13.03.2025)
Delhi High Court while reiterating the scope of the inquiry under Section 11 of Arbitration and Conciliation Act, 1996, stated that the scope is limit.....
Tags : Delhi High Court, Arbitration, Settlement Agreement
SC: Disclosure Made to Settlement Commission Needn't be Something that Wasn’t Discovered by AO(27.09.2023)
Supreme Court has held that Section 245C r/w Section 245H of Income-Tax Act only contemplates full and true disclosure of income to be made before Set.....
Tags : Supreme Court, Settlement Commission, Disclosures, Assessing Officer
NCLAT: OTS Proposal is an Acknowledgement of Debt Under Section 18 of Limitation Act(22.07.2022)
National Company Law Appellate Tribunal (NCLAT), New Delhi Bench has held that a One Time Settlement (OTS) proposal falls within the definition of 'ac.....
Tags : NCLAT, Limitation, One Time Settlement
SC: Effective Resettlement of Ex-Servicemen Necessary to Keep Morale of Serving Members of Defence(18.04.2025)
Supreme Court has observed that effective resettlement of ex-servicemen is necessary to keep the morale of the serving members of the defence forces. .....
Tags : Supreme Court, Ex-Servicemen, Effective Resettlement
SC: Mere Execution of Full & Final Settlement Receipt or Discharge Voucher Can’t be Bar to Arbitratio(07.05.2025)
SC has observed that mere execution of a full and final settlement receipt or a discharge voucher cannot be a bar to arbitration even when validity th.....
Tags : Supreme Court, Final Settlement Receipt, Discharge Voucher