Central Govt implements Vivad se Vishwas Scheme for Settlement of Contract Disputes [Read Memo]

Vivad se Vishwas - Central Govt implements Vivad se Vishwas Scheme - Implementation of Vivad se Vishwas - Contract Dispute - Contract dispute vivad se vishwas - Contract Dispute resolution scheme - taxscan

The Ministry of Finance, Department of Expenditure, has recently issued an Office Memorandum announcing the introduction of a one-time settlement scheme known as “Vivad se Vishwas II (Contractual Disputes)”, aiming to efficiently resolve pending disputes. Referring to Rule 227A of the General Financial Rules (GFRS), 2017 and the Department of Expenditure’s (DOE’s) “General Instructions on…

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