result is possible, i.e., the
legislature consciously enacted a retroactive statute to ensure sale
of plot, apartment or building, real estate project is done ... retroactive statute held as under:
“61. The prospective statute operates from the date of its
enactment conferring new rights. The retrospective statute
operates backwards
There is the intermediate category called
"Retroactive Statute" which does not operate
backwards and does not take away vested rights.
Though it operates ... force
of the Act.
It can thus be seen that a retroactive statute or
provision would trigger itself on the basis of some event, status
backward, contemplating what is past, having reference to a statute or things existing before the Statute in question. Retrospective law means a law which looks ... facts occurring, or rights occurring, before it comes into force. Retroactive statute means a statute, which creates a new obligation on transactions or considerations
invalidated.
61. The prospective statute operates from the
date of its enactment conferring new rights. The
retrospective statute operates backwards ... takes
away or impairs vested rights acquired under
existing laws. A retroactive statute is the one that
does not operate retrospectively. It operates in
futuro
takes away or
impairs vested rights acquired under existing laws. A retroactive statute is
the one that does not operate retrospectively. It operates in futuro ... said decision , there was
a detailed discussion regarding prospective statute, retrospective statute and
retroactive statute and it was held as follows:-
“60. The amended provisions
held that:
“56. The prospective statute operates from the date of its enactment conferring
new rights. The retrospective statute operates backward ... takes away or
impairs vested rights acquired under existing laws. A retroactive statute is the
one that does not operate retrospectively. It operates in futuro
quantum is correlated to qualifying service. Is it retroactive for 35 years for one and not retroactive for a person who retired two days earlier ... always prospective. A statute is not properly called a retroactive statute because a part of the requisites for its action is drawn from a time
that:
"56. The prospective statute operates from the
date of its enactment conferring new rights. The
retrospective statute operates backward ... takes away
or impairs vested rights acquired under existing laws. A
retroactive statute is the one that does not operate
that:
"56. The prospective statute operates from the
date of its enactment conferring new rights. The
retrospective statute operates backward ... takes away
or impairs vested rights acquired under existing laws. A
retroactive statute is the one that does not operate
that:
"56. The prospective statute operates from the date
of its enactment conferring new rights. The retrospective
statute operates backward ... takes away or impairs
vested rights acquired under existing laws. A retroactive
statute is the one that does not operate retrospectively. It
operates in futuro
