https://www.taxtmi.com/caselaws?id=110437 An accrued right of appeal under the repealed Foreign Exchange Regulation Act, 1973 was treated as a substantive right preserved by the saving provision in section 49 of the Foreign Exchange Management Act, 1999 read with section 6 of the General Clauses Act, 1897. The Court held that, for appeals pending before the Appellate Board and transferred to the Tribunal, there was no express or implied legislative intention to extinguish that right or to exclude condonation under section 5 of the Limitation Act, 1963. The proviso to section 54 of the 1973 Act therefore continued to apply to the transferred appeal, and delay could be condoned. en-us Tue, 29 Jun 2004 00:00:00 +0530 Mon, 16 Apr 2012 17:54:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110437 An accrued right of appeal under the repealed Foreign Exchange Regulation Act, 1973 was treated as a substantive right preserved by the saving provision in section 49 of the Foreign Exchange Management Act, 1999 read with section 6 of the General Clauses Act, 1897. The Court held that, for appeals pending before the Appellate Board and transferred to the Tribunal, there was no express or implied legislative intention to extinguish that right or to exclude condonation under section 5 of the Limitation Act, 1963. The proviso to section 54 of the 1973 Act therefore continued to apply to the transferred appeal, and delay could be condoned. Case-Laws Companies Law Tue, 29 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110437