Limitation on settlement applications: late filings may be condoned for sufficient cause, subject to fees and interest. Regulation 4 bars consideration of settlement applications filed after sixty days from service of the notice to show cause or supplementary notice, subject to panel discretion to condone delay on sufficient cause where an application for condonation and prescribed non refundable fees accompany the late filing. Applications filed beyond the sixty day period attract an increase in the settlement amount by a simple interest levy from the expiry of that period until filing. The limitation does not apply to proceedings before the Tribunal or any court.
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.
Limitation on settlement applications: late filings may be condoned for sufficient cause, subject to fees and interest.
Regulation 4 bars consideration of settlement applications filed after sixty days from service of the notice to show cause or supplementary notice, subject to panel discretion to condone delay on sufficient cause where an application for condonation and prescribed non refundable fees accompany the late filing. Applications filed beyond the sixty day period attract an increase in the settlement amount by a simple interest levy from the expiry of that period until filing. The limitation does not apply to proceedings before the Tribunal or any court.
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