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    <title>1962 (5) TMI 36 - Supreme Court</title>
    <link>https://www.taxtmi.com/caselaws?id=191841</link>
    <description>Retrospective validating legislation can cure actions, orders and notifications taken under an earlier void or defective law where the later statute clearly extends to those prior acts; on that basis, the validating provision in the Madras Electricity Supply Undertakings (Acquisition) Act, 1954 was treated as effective and the impugned vesting notification was sustained. The article also notes that Article 31(1) does not bar retrospective authority of law, and that Article 13(2) does not prevent a competent legislature from enacting such validation. On compensation, a scheme under section 5 was not held unconstitutional under Article 31(2) merely because it used valuation bases other than market value, absent material showing that the scheme could not yield just compensation.</description>
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    <pubDate>Wed, 02 May 1962 00:00:00 +0530</pubDate>
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      <title>1962 (5) TMI 36 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=191841</link>
      <description>Retrospective validating legislation can cure actions, orders and notifications taken under an earlier void or defective law where the later statute clearly extends to those prior acts; on that basis, the validating provision in the Madras Electricity Supply Undertakings (Acquisition) Act, 1954 was treated as effective and the impugned vesting notification was sustained. The article also notes that Article 31(1) does not bar retrospective authority of law, and that Article 13(2) does not prevent a competent legislature from enacting such validation. On compensation, a scheme under section 5 was not held unconstitutional under Article 31(2) merely because it used valuation bases other than market value, absent material showing that the scheme could not yield just compensation.</description>
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      <pubDate>Wed, 02 May 1962 00:00:00 +0530</pubDate>
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