Settlement fund allocation: settlement amounts excluding disgorgement and legal costs to be credited to the Consolidated Fund. The amendment inserts a new sub section specifying that all settlement amounts realised under the Act, excluding the disgorgement amount and legal costs, shall be credited to the Consolidated Fund of India; the provision expressly excludes disgorgement and legal costs from amounts to be deposited under the inserted sub section amending section 23JA.
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.
Settlement fund allocation: settlement amounts excluding disgorgement and legal costs to be credited to the Consolidated Fund.
The amendment inserts a new sub section specifying that all settlement amounts realised under the Act, excluding the disgorgement amount and legal costs, shall be credited to the Consolidated Fund of India; the provision expressly excludes disgorgement and legal costs from amounts to be deposited under the inserted sub section amending section 23JA.
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