Evercrest Agro Equipments Private Limited ("EAEPL") was in the process of establishing a new agricultural machinery manufacturing unit in Nashik,…

Evercrest Agro Equipments Private Limited ("EAEPL") was in the process of establishing a new agricultural machinery manufacturing unit in Nashik, Maharashtra. On 28th February 2024, the Board of Directors passed a resolution to acquire the following assets: An industrial warehouse30 acres of farmland located next to the warehouse150 tractors for operational use and resaleA plantation of 200 timber trees on part of the farmland Later, on 15th March 2024, the company received a government notification requiring that all newly established agro-industrial units must obtain a special regulatory clearance within 45 days from the date of establishment. The notification also clarified that all existing permissions or orders issued under the repealed Agro-Industrial Development Act shall remain valid under the new replacement legislation. As per the notification, intimation or service of orders must be made through registered post to all concerned stakeholders. Now, the Managing Director of the company seeks your legal opinion on various implications under the General Clauses Act, 1897. On the basis of above facts and by applying applicable provisions of the General Clauses Act, 1897 choose the correct answer (one out of four) of the following Multiple Choice Questions (MCQs 9-11, of 2 marks each) given herein under: