Home India Ministry of Corporate Affairs In exercise of the powers conferred by sub section 1 of Sect...
Date: 2017-12-04 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by sub section 1 of Section 435 of the Companies Act,

Issued by Ministry of Corporate Affairs · Not Applicable

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Executive Summary & Key Takeaways

**Policy Summary:** This notification, S.O. 3804(E), issued by the Ministry of Corporate Affairs on December 4, 2017, designates a Special Court for the speedy trial of offenses punishable with imprisonment of two years or more under subsection 1 of Section 435 of the Companies Act, 2013 (18 of 2013). The Central Government, with the concurrence of the Chief Justice of the High Court of Karnataka, designates the LIX Additional City Civil and Sessions Judge, Bengaluru City, as the Special Court. The jurisdiction of this court extends to the State of Karnataka. The file number for this notification is F. No. 01122009-CLI Vol. IV. Amardeep Singh Bhatia, Joint Secretary, Ministry of Corporate Affairs, is the contact person.

Key Entities Referenced

Ministry of Corporate Affairs: The ministry issuing the notification. Companies Act, 2013: The primary legislation under which the powers are being exercised. Central Government: The governing body exercising the powers conferred by the Companies Act, 2013. Chief Justice of the High Court of Karnataka: The judicial authority whose concurrence is required for designating the Special Court. Special Court: The designated court for speedy trial of offences under the Companies Act, 2013. LIX Additional City Civil and Sessions Judge, Bengaluru City: The specific court designated as the Special Court. State of Karnataka: The jurisdiction of the Special Court. Amardeep Singh Bhatia: Joint Secretary who signed the notification.
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