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        F. Acts / Amendment Acts

        Section 197 - Amendment of section 19-IA.

        Finance Act, 2018
        Part XI
        AMENDMENTS TO THE DEPOSITORIES ACT, 1996

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        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.
                          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 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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