Hi All,
Can anybody tell me the meaning of "Ordinance" and under which circumstances it is used?
Regards,
Deepak
Deepak Ghadi (Chartered Accountant) (33 Points)
06 September 2009Hi All,
Can anybody tell me the meaning of "Ordinance" and under which circumstances it is used?
Regards,
Deepak
Shyam Lal Naik
(Service)
(6156 Points)
Replied 06 September 2009
Any enactment needs to be passed by both house of the parliament and assented to by the President. However, when the parliament is not in session, and some enactment is urgent and necessary, same is effected by issuance of an ordinance. The ordinance needs to be passed by both houses of the parliament within a period of six months, else it lapses on expiary of six months.
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