https://www.taxtmi.com/caselaws?id=103056 Where two special statutes contain non obstante clauses, the later enactment prevails if its text and scheme show a clear legislative intent to override the earlier law. On that basis, the Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992 was treated as controlling over the Sick Industrial Companies (Special Provisions) Act, 1985, so section 22 of the sick company law did not stay recovery, attachment, or distribution proceedings. The material also showed no subsisting proceeding capable of being stayed, because earlier applications had already been disposed of, had become infructuous, or had been withdrawn. en-us Fri, 09 Feb 1996 00:00:00 +0530 Wed, 23 Aug 2017 12:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103056 Where two special statutes contain non obstante clauses, the later enactment prevails if its text and scheme show a clear legislative intent to override the earlier law. On that basis, the Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992 was treated as controlling over the Sick Industrial Companies (Special Provisions) Act, 1985, so section 22 of the sick company law did not stay recovery, attachment, or distribution proceedings. The material also showed no subsisting proceeding capable of being stayed, because earlier applications had already been disposed of, had become infructuous, or had been withdrawn. Case-Laws Companies Law Fri, 09 Feb 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103056