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    <title>2012 (1) TMI 432 - BOMBAY HIGH COURT</title>
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    <description>Settlement-related reliefs may be granted on agreed terms where the respondent consents, including issuance of a no dues certificate and withdrawal of claims, subject to reciprocal conditions. The applicant was required to withdraw the proceedings before the Debt Recovery Appellate Tribunal within six weeks, while the respondent&#039;s independent right to proceed against the sureties under the contract of suretyship remained open. The court also recorded that contempt-related relief was not pressed. The reliefs in prayer clauses (i) and (ii) were granted accordingly, on the stated conditions.</description>
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    <pubDate>Fri, 27 Jan 2012 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=459703</link>
      <description>Settlement-related reliefs may be granted on agreed terms where the respondent consents, including issuance of a no dues certificate and withdrawal of claims, subject to reciprocal conditions. The applicant was required to withdraw the proceedings before the Debt Recovery Appellate Tribunal within six weeks, while the respondent&#039;s independent right to proceed against the sureties under the contract of suretyship remained open. The court also recorded that contempt-related relief was not pressed. The reliefs in prayer clauses (i) and (ii) were granted accordingly, on the stated conditions.</description>
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