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Indian Laws - Highlights / Catch Notes

Home Highlights October 2022 Year 2022 This

Constitutional validity of of amendment to LIC Act - Money Bill ...

October 19, 2022

Case Laws     Indian Laws     HC

Constitutional validity of of amendment to LIC Act - Money Bill of not - Sections 128 to 146 of the Finance Act, 2021 - the reason for amendment is to bring the money into the Consolidated Fund of India and all other amendments were required as a consequence thereof and are saved by Article 110(1)(g) of the Constitution of India, because payment of moneys into the Consolidated Fund or the Contingency Fund of India is covered by Article 110(1)(c) of the Constitution of India - it is opined that the amendment in the case on hand falls within the purview of Article 110 of the Constitution of India. - HC

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