State Act
100
Section 100. Power to compromise suits.
The Maharashtra Municipal Councils, Nagar Panchayats and Industrial Townships Act, 1965.
Act no. 40 of 19651965In forceMaharashtra (State Act)
100. Power 2[* *] to compromise suits.— Subject to rules made under this Act, 3[the President may, on behalf of a Council,] compromise any suit instituted by or against it, or any claim or demand arising out of any contract entered into by it in accordance with this Act for such sum of money or other compensation as shall be deemed sufficient. 4[When any such compromise is made, the President President shall forthwith submit to the Council a report of the action taken by him indicating therein inter alia the reasons for which such action was considered necessary.]