14. Which of the following statements is/are correct with respect to the effect of repeal of an enactment under Section 6 of the General Clauses…
CA Intermediate · Corporate and Other Laws · MTP · September 2026
14. Which of the following statements is/are correct with respect to the effect of repeal of an enactment under Section 6 of the General Clauses Act, 1897? Statements: (I) Where a Central Act repeals any enactment, unless a different intention appears, the repeal shall not revive anything not in force or existing at the time at which the repeal takes effect. (II) The repeal shall not affect the previous operation of any enactment so repealed, or anything duly done or suffered thereunder. (III) The repeal shall not affect any right, privilege, obligation or liability acquired, accrued, or incurred under any enactment so repealed. (IV) Any legal proceeding or remedy in respect of any such right, privilege, obligation, liability, penalty, forfeiture or punishment cannot be continued after repeal, and any fresh proceeding must be instituted only under the repealing Act. Options:
Suggested Answer and Working Notes:
Correct Answer: Option (A)
(a) I, II and III only
Topics: The Foreign Exchange Management Act, 1999, The General Clauses Act, 1897
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