Procedural irregularities in settlement proceedings do not invalidate orders, while unpaid discrepancies can trigger revocation and preserve applicant waivers.

Procedural defects in settlement proceedings, including defects in determining settlement terms or committee constitution, do not invalidate a settlement order or rejection. A settlement order may be revoked if the applicant fails to pay a difference arising from a discrepancy in the settlement term. Applicants remain bound by limitation, laches, undertaking, and Schedule I waivers. The recoverable difference includes profits gained or losses avoided from the relevant violations.

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