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    <title>Amendment of section 245K.</title>
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    <description>The prohibition on making a subsequent settlement application is extended to include any related person of an applicant who has been allowed to proceed, and the term related person is defined to cover control by shareholding or voting rights, entitlement to a controlling share of profits in firms or associations, and the karta in Hindu Undivided Families, as well as individuals who previously held controlling interests in companies.</description>
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      <description>The prohibition on making a subsequent settlement application is extended to include any related person of an applicant who has been allowed to proceed, and the term related person is defined to cover control by shareholding or voting rights, entitlement to a controlling share of profits in firms or associations, and the karta in Hindu Undivided Families, as well as individuals who previously held controlling interests in companies.</description>
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