Home India Ministry of Corporate Affairs In exercise of the powers conferred by sub section 1 of sect...
Date: 2018-09-05 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

This notification, S.O. 4285(E), issued by the Ministry of Corporate Affairs on September 5, 2018, designates specific courts as Special Courts under Section 435(1) of the Companies Act, 2013 (18 of 2013). This action, taken with the concurrence of the Chief Justice of the Gauhati High Court at Guwahati, aims to provide speedy trials for offenses punishable with imprisonment of two years or more under the Act. The designated courts and their respective jurisdictions are as follows: 1) Court of District and Sessions Judge at Kohima for the State of Nagaland; 2) Court of District and Sessions Judge at Aizawl for the State of Mizoram; and 3) West Session Division, Yupia for the State of Arunachal Pradesh. The notification was issued under F.No. 01122009-CLI-Vol.IV and signed by K.V. R. Murty, Joint Secretary.

Key Entities Referenced

Companies Act, 2013: An Act of the Indian Parliament. Central Government: The Union Government of India. Chief Justice of the Gauhati High Court at Guwahati: The Chief Justice of the Gauhati High Court, located in Guwahati, Assam. Special Courts: Courts designated for speedy trial of offences punishable with imprisonment of two years or more under the Companies Act, 2013. Kohima, Nagaland: Location of the Court of District and Sessions Judge, which is designated as a Special Court for the State of Nagaland. Aizawl, Mizoram: Location of the Court of District and Sessions Judge, which is designated as a Special Court for the State of Mizoram. Yupia, Arunachal Pradesh: Location of the West Session Division, designated as a Special Court for the State of Arunachal Pradesh. Ministry of Corporate Affairs: The Indian government ministry responsible for administration of the Companies Act 2013 and other laws related to corporations.
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