https://www.taxtmi.com/caselaws?id=462314 A compromise decree is binding and operates as estoppel by judgment unless the settlement is shown to be vitiated by fraud, misrepresentation, mistake, or misunderstanding. The Court found the settlement was reached through detailed consultation, repeated drafts, and final approval, with no record support for fraud or misrepresentation. A vague claim of misunderstanding or a non-patent mistake was insufficient to justify alteration, and the limited power under Section 151 could not be used to reopen a concluded compromise. The request to modify the consent decree was rejected and the decree was upheld. en-us Fri, 04 Feb 2022 00:00:00 +0530 Tue, 10 Jun 2025 18:57:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462314 A compromise decree is binding and operates as estoppel by judgment unless the settlement is shown to be vitiated by fraud, misrepresentation, mistake, or misunderstanding. The Court found the settlement was reached through detailed consultation, repeated drafts, and final approval, with no record support for fraud or misrepresentation. A vague claim of misunderstanding or a non-patent mistake was insufficient to justify alteration, and the limited power under Section 151 could not be used to reopen a concluded compromise. The request to modify the consent decree was rejected and the decree was upheld. Case-Laws Indian Laws Fri, 04 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462314