https://www.taxtmi.com/caselaws?id=352127 Revisional jurisdiction under the repealed foreign exchange law was treated as a statutory remedy, not a vested right. The saving provision in the new enactment preserved only the specific situations it expressly covered, such as pending appeals and identified post-repeal actions, and did not extend to pending or future revision applications under the repealed law. Section 6 of the General Clauses Act did not preserve the remedy because the legislature had not saved it. Mimansa principles could not revive a remedy that had ceased to exist in law, so the revision applications were not maintainable. en-us Tue, 14 Nov 2017 00:00:00 +0530 Sat, 08 Sep 2018 11:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352127 Revisional jurisdiction under the repealed foreign exchange law was treated as a statutory remedy, not a vested right. The saving provision in the new enactment preserved only the specific situations it expressly covered, such as pending appeals and identified post-repeal actions, and did not extend to pending or future revision applications under the repealed law. Section 6 of the General Clauses Act did not preserve the remedy because the legislature had not saved it. Mimansa principles could not revive a remedy that had ceased to exist in law, so the revision applications were not maintainable. Case-Laws FEMA Tue, 14 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352127