Model draft of a “Compromise Agreement”:
-Tushar Kaushik
SC: Prescribed period under Limitation Act, does not include any period beyond period prescribed
SC: Document can’t be adjudged null & void without impleading executant
SC: Imposition of extreme penalty u/s 40(1)(b), Indian Stamp Act can’t be based on mere factum of evasion of duty
SC: The fact that a lathi is also capable of being used as a weapon of assault, does not make it a weapon of assault simpliciter
SC: Unmarried major daughter can’t enforce right u/s 20(3) Hindu Adoptions & Maintenance Act in a proceeding u/s 125 CrPC
SC: No petition can be transferred on the sole ground of delay in disposal
SC: U/s 37(1), Income Tax Act source of funds from which expenditure is made is not relevant