https://www.taxtmi.com/caselaws?id=112287 The repeal of the Ordinance meant that proceedings could not continue under that instrument once it was no longer in force, even though the recovery measures arose within the SARFAESI framework. The continuity clause was considered, and the operative law governing the secured assets had already come into effect. On that basis, action taken specifically under the repealed Ordinance was not sustainable as such, but the respondents were left free to take further steps under the applicable enactment and in accordance with law. en-us Mon, 10 Sep 2007 00:00:00 +0530 Sat, 27 Dec 2014 15:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112287 The repeal of the Ordinance meant that proceedings could not continue under that instrument once it was no longer in force, even though the recovery measures arose within the SARFAESI framework. The continuity clause was considered, and the operative law governing the secured assets had already come into effect. On that basis, action taken specifically under the repealed Ordinance was not sustainable as such, but the respondents were left free to take further steps under the applicable enactment and in accordance with law. Case-Laws Companies Law Mon, 10 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112287