Validation of acts under the Depositories Act deemed effective as if amendments were in force for proceedings. The inserted section validates prior acts under the principal Act relating to settlement of administrative and civil proceedings by deeming those acts to be valid and effective as if the later amendments had been in force at all material times, thereby giving those acts retrospective effect and precluding validity challenges based on the timing of the amendments.
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.
Validation of acts under the Depositories Act deemed effective as if amendments were in force for proceedings.
The inserted section validates prior acts under the principal Act relating to settlement of administrative and civil proceedings by deeming those acts to be valid and effective as if the later amendments had been in force at all material times, thereby giving those acts retrospective effect and precluding validity challenges based on the timing of the amendments.
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