![](/wp-content/uploads/2022/09/Supreme-Court-upholds-applicability-of-SEBI-Circular-but-gives-a-green-signal-to-Reliance-Commercial-Finance-resolution-to-avoid-unscrambling-of-resolution-process-1-1-440x293.png)
Explained| Retroactive, True Retroactivity, Quasi-retroactivity, and Retrospective: Synonymous or distinct?
“Merely because a law operates on certain circumstances which are antecedent to its passing does not mean that it is retrospective.”
“Merely because a law operates on certain circumstances which are antecedent to its passing does not mean that it is retrospective.”