(1) Within 15 days after receiving the transcript from the court reporter or any other source, the appellant shall make any proposed amendments and serve them and acopy of the transcript upon the respondent. Appellant may serve on respondent, together with the copy of the transcript and the proposed amendments, a notice of settlement containing a specific reference to this subdivision, and stating that if respondent fails to propose amendments or objections within 15 days, the provisions of paragraph (2) of this subdivision shall apply. Within 15 days after such service, the respondent shall make any proposed amendments or objections to the proposed amendments of the appellant and serve them upon the appellant. At any time thereafter and on at least four days’ notice to the adverse party, the transcript and the proposed amendments and objections thereto shall be submitted for settlement to the judge or referee before whom the proceedings were had if the parties cannot agree on the amendments to the transcript. The original of the transcript shall be corrected by the appellant in accordance with the agreement of the parties or the direction of the court, and its correctness shall be certified to thereon by the parties or the judge or referee before whom the proceedings were had. When he serves his brief upon the respondent, the appellant shall also serve a conformed copy of the transcript or deposit it in the office of the clerk of the court of original instance, who shall make it available to respondent.

(2) If the appellant has timely proposed amendments and served them and the transcript and the notice provided by paragraph (1) of this subdivision, and no amendments or objections are proposed by the respondent within the time limited by this rule, the transcript, certified as correct by the court reporter, together with appellant’s proposed amendments, shall be deemed correct without the necessity of a stipulation by the parties certifying to its correctness or the settlement of the transcript by the judge or referee. The appellant shall affix to such transcript an affirmation, certifying to his compliance with the time limitation and the respondent’s failure to propose amendments or objections within the time prescribed.