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Declaratory

retrospectively so as to respect vested rights, is not applicable. As sub-s. (3) of s. 84 in terms clarifies the meaning of the expression 'ceiling area' with reference to which certain voluntary transfers are to be invalidated,

Investment company

which came into force with effect from April 1, 1966, the meaning of the term 'investment company' was clarified by amending clause (ii) of S. 109 and providing therein that investment company meant a company whose gross

Octroi

use or other in the area but only if they were meant for such user'. It was specifically clarified that the word 'sale' was included only in 1954 in order to bring the description of octroi in

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Shall have regard to the provisions of this Act

regard to the provisions of this Act' merely mean that 'where the new Act has slightly modified or clarified the previous provisions, these modifications and clarifications should be applied', Karam Singh Sobti v. Pratap Chand, AIR 1964

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