Benami property law: timing for limitation periods shifted to month-end and stayed periods trigger deemed extensions. Amendment substitutes 'from the last day of the month in which the notice under sub-section (1) is issued' as the commencement point for limitation periods in section 24 and inserts an Explanation excluding periods stayed by court order from computation of the period of limitation; if the remaining time for the Initiating Officer to pass an order of attachment is less than thirty days it is deemed extended to thirty days, and if the time to refer the order to the Adjudicating Authority is less than seven days it is deemed extended to seven days.
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Benami property law: timing for limitation periods shifted to month-end and stayed periods trigger deemed extensions.
Amendment substitutes "from the last day of the month in which the notice under sub-section (1) is issued" as the commencement point for limitation periods in section 24 and inserts an Explanation excluding periods stayed by court order from computation of the period of limitation; if the remaining time for the Initiating Officer to pass an order of attachment is less than thirty days it is deemed extended to thirty days, and if the time to refer the order to the Adjudicating Authority is less than seven days it is deemed extended to seven days.
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