Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
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HC held that the settlement in Lok Adalat constitutes a legally enforceable civil decree. After receiving Rs. 13,00,000 out of the agreed Rs. 16,50,000, the subsequent complaint under Section 138 of Negotiable Instruments Act was deemed unsustainable. The court quashed the third complaint, noting that multiple proceedings for the same debt would result in double jeopardy. The complainant's recourse is limited to executing the settlement under Cr.P.C. or initiating contempt proceedings. The petitioner was discharged, with no observations made regarding the amount already received, leaving parties free to pursue appropriate legal remedies.
HC held that the settlement in Lok Adalat constitutes a legally enforceable civil decree. After receiving Rs. 13,00,000 out of the agreed Rs. 16,50,000, the subsequent complaint under Section 138 of Negotiable Instruments Act was deemed unsustainable. The court quashed the third complaint, noting that multiple proceedings for the same debt would result in double jeopardy. The complainant's recourse is limited to executing the settlement under Cr.P.C. or initiating contempt proceedings. The petitioner was discharged, with no observations made regarding the amount already received, leaving parties free to pursue appropriate legal remedies.
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