(1) If it has been so decided by the tribunal or Appellate Tribunal under Sub-section (1) of Section 20 of the Act, tat compromise can be made; the concerned parties have to execute the compromise on their own.
(2) If the tribunal or Appellate Tribunal has issued an order to the Debt Recovery Officer pursuant to Sub-section (3) of Section 20 of the Act, because of failure of one party to execute the compromise pursuant to Sub-rule (1), he/she has cause to execute the compromise.
(3) The procedures for the execution of compromise pursuant to Sub-rule (2) shall be the same as the procedures for implementation of the decision made by the tribunal or Appellate Tribunal.