Memorandum of Settlement Archives

MOU default clause belated payment execution

Default Clause in Mediated Settlement MOU Enforceable Despite Delayed Payment; Judgment Debtor Cannot Escape Consequences of Contractual Default: Karnataka HC

Since there was no agreement between the parties to make payment beyond the stipulated date. The judgment-debtor cannot escape liability from the consequences of a stipulated compliance agreed in a mediated settlement.

Case Briefs High Courts

General principle of simultaneous action will not apply in departmental and criminal proceedings covered by Bipartite Settlement: Allahabad High Court

Allahabad High Court said that the Tribunal has not considered the effect of acquittal of the petitioner from the identical criminal charges. The judgment is completely silent about the same. This is an apparent perversity on the part of the Tribunal.