Tags : Communication, Settlement, Insurance claims
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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
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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
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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
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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
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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
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News
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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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