Interim Board jurisdiction extended to pending settlement applications and limitation periods adjusted to protect filing rights. Amendment to section 245D deems applications with orders not passed by 31 January 2021 to be valid, permits broader amendment of orders, and applies specified sub-sections to pending applications allotted to an Interim Board with substitution of references to the Settlement Commission or Bench. It prescribes a deemed filing date for Interim Board receipts, excludes the period from 1 February 2021 until the month of constitution when computing limitation, and extends any remaining period to sixty days if shorter. The Central Government may notify a scheme and adapt Act provisions for implementing the Interim Board process.
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Interim Board jurisdiction extended to pending settlement applications and limitation periods adjusted to protect filing rights.
Amendment to section 245D deems applications with orders not passed by 31 January 2021 to be valid, permits broader amendment of orders, and applies specified sub-sections to pending applications allotted to an Interim Board with substitution of references to the Settlement Commission or Bench. It prescribes a deemed filing date for Interim Board receipts, excludes the period from 1 February 2021 until the month of constitution when computing limitation, and extends any remaining period to sixty days if shorter. The Central Government may notify a scheme and adapt Act provisions for implementing the Interim Board process.
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