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Essay Multiple Choice

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All Jurisprudence based

0 tracked cards Commercial and Taxation Laws

An acquisition was made before the Act’s approval. Officials claim Section 21 necessarily orders immediate divestment solely because of that preexisting holding, although no separate violation is established. Which is correct?

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The proviso protects continued ownership of the specified pre-Act holdings; a separate violation must not be presumed solely from their age. Every old holding is automatically criminal The proviso applies only to furniture The acquisition date can never matter

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