Related person restriction expands bar on Settlement Commission applications to cover closely connected entities and individuals. The amendment extends the prohibition on applying to the Settlement Commission to include a related person, substituting sub section language so that neither the applicant nor any related person may apply or later be entitled to apply, and inserts an Explanation defining 'related person' by reference to control through shareholding, voting rights, profit entitlement and the karta of a Hindu undivided family.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Related person restriction expands bar on Settlement Commission applications to cover closely connected entities and individuals.
The amendment extends the prohibition on applying to the Settlement Commission to include a related person, substituting sub section language so that neither the applicant nor any related person may apply or later be entitled to apply, and inserts an Explanation defining "related person" by reference to control through shareholding, voting rights, profit entitlement and the karta of a Hindu undivided family.
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