https://www.taxtmi.com/caselaws?id=112406 Rule 163 of the Companies (Court) Rules, 1959 requires the Official Liquidator to record reasons when admitting or rejecting a proof of claim, but the omission did not require remand because the dispute could be resolved on the admitted material already on record. A settlement entered into with a workmen's union under section 18(3) of the Industrial Disputes Act, 1947 was binding on a workman who was a union member, had accepted payment under it, and where the settlement was described as full and final and remained unchallenged. The later claim for additional wages from the same employment dispute was therefore barred. en-us Fri, 23 Feb 2007 00:00:00 +0530 Sat, 28 Apr 2012 12:10:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112406 Rule 163 of the Companies (Court) Rules, 1959 requires the Official Liquidator to record reasons when admitting or rejecting a proof of claim, but the omission did not require remand because the dispute could be resolved on the admitted material already on record. A settlement entered into with a workmen's union under section 18(3) of the Industrial Disputes Act, 1947 was binding on a workman who was a union member, had accepted payment under it, and where the settlement was described as full and final and remained unchallenged. The later claim for additional wages from the same employment dispute was therefore barred. Case-Laws Companies Law Fri, 23 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112406