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Shorthand Dictation, Legal, Transcription No. 2

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We have heard thelearned counsel for the parties including the Amicus Curiae, Shri R.D. Jain, Senior Advocateas well as Shri S.B. Mishra, Senior Advocate and have carefully perused the various provisions of the Madhya PradeshLand RevenueCode, 1959.
     The Madhya Pradesh Land Revenue Code, 1959 (No. 20 of 1959) was brought into force with effect from 21st September, 1959, after receiving the assent of the President on 15th September, 1959, This Act was brought into effect (80) to consolidate and amend the law relating to the land revenue, the powers of the Revenue Officers, rights and liabilities [100] ofholders of land from the State Government agricultural tenures and the other matters relating to the land and liabilities {120} incidental thereto in Madhya Pradesh.
     The Madhya Pradesh Land Revenue Code, 1959, is a special local law. Section 29 of the Limitation Act, 1963, provides that where any special or local law prescribes for a suit, appeal or application a (160) peri…

Shorthand Dictation, Legal, Transcription No. 1

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The Reserve Bank of Indiaissued a circular letter bringing the directions to the notice of companies like Peerless. On September 14, 1973, the Peerless Company addressed a letter to the Reserve Bank of India explaining the nature of their business and claiming that their business was outside the scope of the directions issued by the Reserve Bank. Most importantof all, it was requested that, if it was thought that their business attracted the notification, they should be granted (80) exemption from the applicabilityof the notification as provided by paragraph 13. It was pointed out that their business was [100] of a special type, that it was carried on scientificlines and actuarialprinciples and that the applicability of the {120} notification wouldinjuriouslyaffect two hundred thousands of subscribers that 20,000 persons would lose employment and that the potential for future employment would be destroyed. It was further pointed out that over 90% of the concerned Public Fund was inves…