https://www.taxtmi.com/caselaws?id=83928 An administrative circular could not shorten licence validity by substituting the date of endorsement of transferability for the date of transfer, where Paragraph 127(v) of the Handbook of Procedures provided that transferred licences remained valid for the balance period or six months, whichever was more. The Handbook provision was treated as having statutory force, so the circular could not curtail the benefit conferred by it unless amended in accordance with law. The Delhi HC stayed operation of sub-clause (iii) of Paragraph 2 of Circular No. 7/94 and allowed the stay application. en-us Mon, 30 May 1994 00:00:00 +0530 Mon, 18 Jul 2011 17:26:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83928 An administrative circular could not shorten licence validity by substituting the date of endorsement of transferability for the date of transfer, where Paragraph 127(v) of the Handbook of Procedures provided that transferred licences remained valid for the balance period or six months, whichever was more. The Handbook provision was treated as having statutory force, so the circular could not curtail the benefit conferred by it unless amended in accordance with law. The Delhi HC stayed operation of sub-clause (iii) of Paragraph 2 of Circular No. 7/94 and allowed the stay application. Case-Laws Indian Laws Mon, 30 May 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83928