https://www.taxtmi.com/caselaws?id=98628 Specific savings in a repealing statute will displace the general saving rule under the General Clauses Act where Parliament has shown a contrary intention; only prosecutions expressly preserved survive the repeal. On that basis, a prosecution initiated after the Companies Act, 1956 came into force in the territory was not saved and was unsustainable. The article also states that relief for an officer under section 633 of the Companies Act, 1956 depends on honesty, reasonableness and whether the person ought fairly to be excused in the circumstances, not on the absence of criminal intention. en-us Tue, 01 Apr 1969 00:00:00 +0530 Sat, 21 Jan 2012 13:22:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98628 Specific savings in a repealing statute will displace the general saving rule under the General Clauses Act where Parliament has shown a contrary intention; only prosecutions expressly preserved survive the repeal. On that basis, a prosecution initiated after the Companies Act, 1956 came into force in the territory was not saved and was unsustainable. The article also states that relief for an officer under section 633 of the Companies Act, 1956 depends on honesty, reasonableness and whether the person ought fairly to be excused in the circumstances, not on the absence of criminal intention. Case-Laws Companies Law Tue, 01 Apr 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98628