New Delhi: The Supreme Court on Thursday allowed telecom major Vodafone to initiate the second arbitration against India by paving the way for appointment of the presiding arbitrator/chairman in connection with a tax demand of Rs 11,000 crore through a retrospective law
The tendency to say that only the former have been subject to a retrospective law
shows how deeply vested rights and retrospectivity are associated.
5) However, the statute would be a retrospective law
because it would impose a new disability (i.
The High Court yesterday ruled that a retrospective law
he rushed in was illegal.
121) On one view, a retrospective law
may offend that central concept and be held to apply arbitrarily or irregularly.
The Constitution, as it is now, does not tell us what makes the difference between a legitimate and illegitimate purpose for a contract; nor does it tell us when a retrospective law
is justified or unjustified.
The plaintiffs claim that the amended rule, if applied to contracts concluded before the change was made, also is a retrospective law
11) But if she were to be punished in a legal proceeding, "it must be pursuant to the introduction of a frankly retrospective law
and with a full consciousness of what was sacrificed in securing her punishment in this way.
It won't be dealt with now, there is no retrospective law
, but you can't allow things like that spear tackle to happen in the game.
and retrospective laws
"to be oppressive and unjust, and it was
We believe the OSR is seeking to reassess royalty amounts based on retrospective laws
as well as levy interest in excess of market rates on the disputed amounts.
In other cases, such as in the insurance bill, investors already spooked by India's retrospective laws
would rather wait for the bill to be passed by Parliament rather than act on the basis of the ordinance.