Judicial settlement definition

Judicial settlement means a final settlement by way of compromise entered into before a suitable institution or person to which the Court has referred the dispute and which institution or person are deemed to be the Lok Adalats under the provisions of the Legal Service Authority Act, 1987 (39 of 1987) and where after such reference, the provisions of the said Act apply as if the dispute was referred to a Lok Adalat under the provisions of that Act.
Judicial settlement means a final settlement by way of compromise before a Lok Adalat or before a suitable institution or person, which shall be deemed to be a settlement before a Lok Adalat within the meaning of the Legal Services Authorities Act, 1987 (39 of 1987).
Judicial settlement means a final settlement by way of compromise entered into before a suitable institution or person to which the Court has referred the dispute and which institution or person are deemed to be the Lok Adalats under the provisions of the Legal Service Authority Act, 1987 (39 of 1987) and where after such reference, the

Examples of Judicial settlement in a sentence

  • Nothing in this Section shall be construed so as to prevent a disputing investor from seeking administrative or Judicial settlement available within the country of a disputing Member State.

  • In the event the current beneficiaries shall fail to designate a Successor Trustee within the time specified, then the acting Trustee may apply to a Court of competent jurisdiction, for leave to resign, for the appointment of a Successor Trustee and the Judicial settlement of its accounts.

  • Judicial settlement generally means a decision by the International Court of Justice, the main judicial organ of the UN, the statute of which is annexed to the UN Charter (Article 92).

  • Judicial settlement agreement form, relied upon my behalf and constitute one copy of liability must comply.

  • Notwithstanding any other provision of this Agreement, in the event of the termination of the Trust, or the resignation or discharge of the Trustee, the Trustee shall have the right to a settlement of its accounts, which accounting may be made, at the option of the Trustee, either (a) by a Judicial settlement in a court of competent jurisdiction-, or (b) by agreement of settlement, release and indemnity from the Company to the Trustee.


More Definitions of Judicial settlement

Judicial settlement. (“transaction judiciaire”) means a contract in a civil law system to end litigation concluded by the parties to the litigation before a judge and recorded by the judge in an official document. The term does not include a consent order or an out of court settlement.
Judicial settlement means a final settlement by way of compromise entered into before a suitable institution or person to which the court has referred the dispute and which institution or person are deemed to be the Lok Adalat’s under the provisions of the Legal service Authority Act, 1987 (39 of 1987) and where after such reference, the provisions of that Act”17In this dispute process, the court suggests the party to another judge who may be more appropriate for resolving the dispute. Since another judge is involved in the process, the settled matter has been produced before the court again and they shall pass the decree.
Judicial settlement means the process by which the Court will effect a compromise
Judicial settlement means settlement by way of compromise entered into before a suitable institution or person to which the Court has referred the dispute for settlement in accordance with the provisions of the Legal Service Authority Act, 1987 (39 of 1987).

Related to Judicial settlement

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • Physical Settlement shall have the meaning specified in Section 14.02(a).

  • Final Settlement means permanent settlement of the Contractor’s actual allowable costs or expenditures as determined at the time of audit, which shall be completed within three years of the date the year-end cost settlement report was accepted for interim settlement by the State. If the audit is not completed within three years, the interim settlement shall be considered as the final settlement.

  • Share Settlement means a number of shares of Class A Common Stock equal to the number of Redeemed Units.

  • Cash Settlement shall have the meaning specified in Section 14.02(a).