Settlement proceeds allocation directs settlement amounts, excluding disgorgement and legal costs, to be credited to the Consolidated Fund. The amendment adds a sub-section to section 19-IA providing that settlement amounts realised under the Act, excluding disgorgement amounts and legal ... Summary
Settlement proceeds allocation directs settlement amounts, excluding disgorgement and legal costs, to be credited to the Consolidated Fund.
The amendment adds a sub-section to section 19-IA providing that settlement amounts realised under the Act, excluding disgorgement amounts and legal costs, shall be credited to the Consolidated Fund of India.
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