Savings clause continuity permits investors under an earlier equity savings scheme to retain governance and benefit eligibility for subsequent years. A savings clause preserves that new retail investors who invested under the earlier equity savings scheme remain governed by that scheme's provisions insofar as they do not conflict with the 2013 scheme, and such investors are eligible for benefits for investments made under the 2013 scheme for the specified subsequent financial years.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Savings clause continuity permits investors under an earlier equity savings scheme to retain governance and benefit eligibility for subsequent years.
A savings clause preserves that new retail investors who invested under the earlier equity savings scheme remain governed by that scheme's provisions insofar as they do not conflict with the 2013 scheme, and such investors are eligible for benefits for investments made under the 2013 scheme for the specified subsequent financial years.
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