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    SETTLEMENT PENDING

    CJI D Y Chandrachud urges citizens to take part in special Lok Adalat in SC for amicable, speedy resolution of cases

    In a bid to lessen the pendency of cases in the top court, the special Lok Adalat will be organised in the 75th year of the establishment of the apex court, which came into existence on January 26, 1950 with the coming into force of the Constitution.

    SC to organise special Lok Adalat

    The Supreme Court is set to host a special Lok Adalat from July 29 to August 3, aiming to resolve pending cases amicably. This initiative aligns with the court's commitment to providing accessible and efficient justice. The Lok Adalat will focus on settling various cases, including those related to matrimonial disputes, property disputes, motor accident claims, and more. Such alternative dispute resolution mechanisms help expedite case resolution and promote harmony.

    Sebi launches beta version of settlement calculator

    It also enables the applicant to select the appropriate options with respect to their past regulatory track record on the basis of actions of Sebi as well as the details of other ongoing proceedings, if any, as on date of filing the settlement application, the regulator said in a release.

    Sebi launches beta version of calculator to arrive at settlement amount

    Capital markets regulator Sebi on Thursday launched a beta version of the settlement calculator to simplify the process of arriving at the indicative settlement amount, and provide more transparency in the system.

    10.46 lakh motor accident claims worth Rs 80,455 crore pending nationwide: RTI

    The details have been provided by the Insurance Regulatory and Development Authority of India (IRDAI) in response to the query filed by Supreme Court advocate K C Jain in April.

    CGHS recast in works to cut red tape and dues, link with Ayushman Bharat

    It is learnt that the cabinet secretary has been holding rounds of discussions with stakeholder ministries and departments over the last few weeks to address various problems currently ailing the CGHS - from flagging partnership with major private hospitals amid pending dues to taxing referral system and shortage of doctors and healthcare staff to the simmering concern on linkage of CGHS cards with the digitalised Ayushman Bharat Health Account (ABHA) cards.

    • Govt recovers Rs 852 crore under amnesty scheme for exporters

      The government recovered Rs 852 crore under the amnesty scheme for exporters for one-time settlement of default in export obligation. The scheme, part of the new foreign trade policy, aims to settle default in export obligation by holders of advance and EPCG authorisations. Small exporters in Ludhiana have urged an extension of the scheme.

      Faster EPF claim settlement: EPFO multi-location claim settlement to speed up member claims

      Faster EPF claim settlement: By allowing for multi-location claim settlement, this feature will speed up member claims processing and replace the current geographical jurisdiction structure along with productivity in offices nationwide.

      Gayatri Projects promoters file plea against liquidation

      However, a successful outcome is far from easy as any settlement with promoters under Section 12A of Insolvency and Bankruptcy Code (IBC) needs approval from 90% of lenders.

      Pending Delhi Traffic Police challan: Option to pay a lower amount or get a full waiver; will it be beneficial for you?

      Delhi Traffic Police Challan: The National Lok Adalat session is going to be held on May 11, 2024 from 10am till 4pm at warka, Karkardooma, Patiala House, Rohini, Rouse Avenue, Saket and Tis Hazari district courts of Delhi. If you have any DL traffic challan which is pending, then go here and settle it.

      Sebi extends settlement scheme period till June 10 in illiquid stock option cases

      "It has been observed that during the last few days, a large number of entities have shown interest in availing the scheme. Considering the interest of entities in availing the scheme, the competent authority has extended the period of the scheme till June 10, 2024," Sebi said in a statement.

      Britney Spears and Sam Asghari divorce: All about settlement and custody arrangements

      Britney Spears and Sam Asghari have officially finalized their divorce proceedings, signaling the end of their marriage, which began to unravel eight months ago. Know about the challenges they faced as the star couple are set to go separate ways.

      Once Adani-heavy, 8 FPIs look to settle with Sebi

      The legal representatives of eight FPIs - Albula Investment Fund, Cresta Fund, MGC Fund, Asia Investment Corporation (Mauritius), APMS Investment Fund, Elara India Opportunities Fund, Vespera Fund and LTS Investment Fund - have filed a total of 16 settlement applications with Sebi.

      NCLAT permits John Energy to deposit Rs 254 cr settlement amount

      NCLAT allows John Energy to deposit Rs 254 crore with 12% interest for OTS with ICICI Bank and Axis Bank, pending NCLT's decision on the insolvency plea. Various details and parties involved in the case are discussed.

      Punjab cabinet approves new excise policy, aims at over Rs 10,000-Cr collections

      The Punjab cabinet approved an excise policy to generate over Rs 10,000 crore from liquor sales. Colonisers can pay development charges in instalments. The One-Time Settlement scheme for tax arrears was extended. 1,390 medical officer posts will be created.

      Sebi to introduce settlement scheme III on illiquid option cases

      ​ The Scheme would provide a settlement opportunity to all the entities that have executed reversal trades in the stock options in the period between April 01, 2014 and September 30, 2015, against whom proceedings have been initiated and are pending before any authority, Sebi said.

      Sebi comes out with settlement scheme III on illiquid option cases

      Capital markets regulator Sebi on Wednesday introduced a third settlement scheme for entities involved in reversal trades in the stock options segment on BSE in 2014 and 2015.

      Greater Noida authority to offer upto 40% rebate on pending dues of builders to revive stalled projects

      The Greater Noida Authority has proposed a one-time settlement scheme offering up to a 40% discount on pending dues of builders. The rebate applies to outstanding dues until March 31, 2023, with a 40% discount for payments made by January 31, 2024. Payments by February 29 and March 31, 2024, will attract 30% and 20% discounts, respectively.

      Johnson & Johnson agrees to resolve 42 U.S. states' talc investigations

      "Consistent with the plan we outlined last year, the company continues to pursue several paths to achieve a comprehensive and final resolution of the talc litigation," Erik Haas, J&J's worldwide vice president of litigation, said in a statement.

      How good is your health insurer? Latest incurred claim ratio of general, health insurance companies in India

      If you are planning to buy a new insurance policy or port your existing health insurance policy to a new insurer, do remember to check the latest claim settlement ratio of all insurers before finalising one. Irdai has released the claims payment details of general and health insurance companies for the financial year 2022-23.

      India seeks to settle WTO import duty dispute with EU on ICT goods through free trade talks

      Following a ruling of the World Trade Organisation's (WTO) dispute panel on April 17 that import duties imposed by India on certain information and technology (ICT) products such as mobile phones and components, base stations, integrated circuits and optical instruments violate global trading norms, India and the European Union (EU) are discussing ways to resolve the matter amicably outside the ambit of the WTO.

      Jaypee homebuyers writes to UP CM requesting to approve proposal of out of court settlement for farmers compensation

      In March this year, a bankruptcy court had approved Suraksha Asset Reconstruction Co’s (ARC) takeover of the debt-laden property and infrastructure company Jaypee Infratech, dismissing three different appeals against the Rs 7,936- crore resolution bid and rekindling hopes of about 20,000 homebuyers waiting for possession of their promised apartments for nearly a decade.

      National Lok Adalat: Here's how you can settle your traffic challan by paying less tomorrow

      National Lok Adalat Dec 2023 Date: These Lok Adalats are structured to handle various matters, including civil, minor criminal, family, property, labor, bank loan, revenue, forest, motor accident claims, and cases related to challans or e-challans. Their objective is to offer a simplified and efficient approach to resolving pending legal disputes.

      You won't get a pollution PUC certificate if you have a pending challan in this state

      The Kerala government has decided that vehicles in the state will not be issued Pollution Under Control (PUC) certificates if the owners have any pending challans. This decision aims to enforce road safety measures and encourage vehicle owners to comply with traffic regulations. The installation of AI cameras has resulted in a decrease in the death rate from traffic accidents, with a significant drop in fatalities reported.

      Punjab cabinet gives nod to pilgrimage scheme, one-time settlement scheme for traders to clear dues

      Addressing the media after the cabinet meeting, Finance Minister Harpal Singh Cheema said the cabinet has approved the 'Mukh Mantri Tirth Yatra' scheme whereby elderly people could visit various religious places including Nanded Sahib, Hazur Sahib, Chintpurni, Jawalaji, Naina Devi through buses and trains free of charge.

      Instant trade settlement: How will it impact day traders?

      Now, as the full implementation of T+1 settlement across all scrips is rolled out wholly by October 1, 2023, the SEBI Chairperson has communicated about an intended move towards real-time settlement. In her press briefing in the month of July earlier this year, she mentioned that “One of the things that we think is not very far off is an instantaneous settlement on the stock exchanges.

      India, US agree to settle pending poultry trade dispute at WTO

      The six disputes which have been already settled include countervailing measures on certain hot-rolled carbon steel flat products from India, certain measures relating to solar cells and modules, measures relating to the renewable energy sector, India's export-related measures, certain measures on steel and aluminium products, and additional duties on some products from the US.

      Google reaches tentative settlement in US Play Store lawsuit

      Consumers claimed they might have spent less on apps and had more options if it weren't for the alleged monopoly. Google had denied wrongdoing and declined to comment on the proposed settlement.

      Caltech reaches 'potential settlement' in Apple, Broadcom patent case

      Caltech sued Apple and Broadcom in 2016, alleging that millions of iPhones, iPads, Apple Watches and other Apple devices using Broadcom chips infringed its wireless-communication patents

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