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    <title>1991 (8) TMI 268 - HIGH COURT OF BOMBAY</title>
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    <description>The court dismissed the company petition, emphasizing the protection of vested rights and the limitations on the retrospective application of amended laws. The judgment underscores the importance of upholding established legal principles concerning vested rights and statutory amendments, ruling in favor of the respondents. The court also directed the Commissioner for Taking Accounts to withhold disbursement of sale proceeds for a specified period and ordered the issuance of a certified copy promptly.</description>
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      <link>https://www.taxtmi.com/caselaws?id=102212</link>
      <description>The court dismissed the company petition, emphasizing the protection of vested rights and the limitations on the retrospective application of amended laws. The judgment underscores the importance of upholding established legal principles concerning vested rights and statutory amendments, ruling in favor of the respondents. The court also directed the Commissioner for Taking Accounts to withhold disbursement of sale proceeds for a specified period and ordered the issuance of a certified copy promptly.</description>
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