https://www.taxtmi.com/caselaws?id=367192 A settlement agreement signed during Section 138 proceedings and taken on record remained enforceable despite the complaint later being returned for want of territorial jurisdiction, because the defendants did not dispute its execution, authenticity, or terms. In a summary suit under Order XXXVII, the court treated the liability as admitted and held that the defendants' reliance on a technical plea about the timing of instalments did not constitute a genuine triable issue or substantial defence. The suit was therefore decreed for the principal sum, interest, and costs. en-us Fri, 07 Sep 2018 00:00:00 +0530 Mon, 17 Sep 2018 07:39:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367192 A settlement agreement signed during Section 138 proceedings and taken on record remained enforceable despite the complaint later being returned for want of territorial jurisdiction, because the defendants did not dispute its execution, authenticity, or terms. In a summary suit under Order XXXVII, the court treated the liability as admitted and held that the defendants' reliance on a technical plea about the timing of instalments did not constitute a genuine triable issue or substantial defence. The suit was therefore decreed for the principal sum, interest, and costs. Case-Laws Indian Laws Fri, 07 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367192