Home India Ministry of Law and Justice Parliament Question: Special Courts for Financial Fraud Case...
Date: 2025-12-12 Category: Not Applicable State: Union Government Country: India

Parliament Question: Special Courts for Financial Fraud Cases

Issued by Ministry of Law and Justice · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** This document is a response to Unstarred Question No. 2214 in Lok Sabha, to be answered on December 12th, 2025, regarding the establishment of Special Courts for financial fraud cases. The Minister of Law and Justice states that there is currently no proposal under consideration by the Government of India to establish such courts. The Ministry of Corporate Affairs has confirmed that the Companies Act, 2013, does not contain any provision mandating the establishment of special courts exclusively for bank fraud related cases. **Key Points / Main Content** * **Special Courts for Bank Fraud Cases:** * There is no proposal to establish dedicated Special Courts for expeditious trial and disposal of bank fraud cases across the country currently under consideration by the Government of India. * **Companies Act, 2013:** * The Companies Act, 2013, does not contain any provisions mandating the establishment of Special Courts exclusively for trying bank fraud cases. * **Financial Services:** * Acts related to bank frauds, administered by various Ministries/Departments, have no specific provisions for the establishment of Special Courts for bank fraud cases. **Impact Analysis** **Stakeholders: General Public** * **Impact:** Cases related to bank frauds will continue to be heard through the normal court system. * **Action Required:** No specific action is required. **Stakeholders: Entities Affected by Bank Fraud** * **Impact:** Litigation is likely to continue via the standard judicial process. * **Action Required:** No specific action is required. **Stakeholders: Government of India** * **Impact:** The establishment of special courts dedicated to financial fraud is not currently under consideration. * **Action Required:** No specific action is required.

Key Entities Referenced

Ministry of Law and Justice: Primary ministry addressed in the parliamentary question regarding special courts for financial fraud. Special Courts for Financial Fraud Cases: Subject of the parliamentary question regarding establishment for expeditious trials. Companies Act, 2013: Mentioned as lacking provisions for special courts for bank frauds.
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GOVERNMENT OF INDIA MINISTRY OF LAW AND JUSTICE DEPARTMENT OF JUSTICE LOK SABHA UNSTARRED QUESTION NO. 2214 TO BE ANSWERED ON FRIDAY, THE 12TH DECEMBER, 2025 SPECIAL COURTS FOR FINANCIAL FRAUD CASES 2214. SHRI G M HARISH BALAYOGI: SHRI LAVU SRI KRISHNA DEVARAYALU: Will the Minister of LAW AND JUSTICE be pleased to state: (a) whether the Government plans to establish dedicated Special Courts for expeditious trial and disposal of bank fraud cases across the country; (b) if so, the details thereof including the proposed structure, jurisdiction and monetary threshold for cases to be taken up by such courts; (c) whether the Government has identified specific States or districts for establishment of such special or fast-track courts to deal with bank fraud cases, if so, the details thereof; (d) whether consultations have been held with concerned Ministries, the Reserve Bank of India and public sector banks for finalising the operational framework of these courts; (e) the present status and timeline for the implementation of the proposal; and (f) whether any assessment has been made regarding the pendency and average time taken for adjudication of major bank fraud cases in the country and the impact expected from the proposed Special Courts in reducing such pendency? ANSWER MINISTER OF STATE (INDEPENDENT CHARGE) OF THE MINISTRY OF LAW AND JUSTICE; AND MINISTER OF STATE IN THE MINISTRY OF PARLIAMENTARY AFFAIRS (SHRI ARJUN RAM MEGHWAL) (a) to (f): No proposal for establishment of dedicated Special Courts for expeditious trial and disposal of bank fraud cases in any part of the country is currently under consideration of the Government of India. As informed by the Ministry of Corporate Affairs, the Companies Act, 2013 does not contain any provision mandating the establishment of Special Courts exclusively for trying cases related to bank frauds. Further, Department of Financial Services, after consulting the Ministries/Departments, which administer the Acts containing provisions related to Bank frauds, have informed that such Acts have no specific provisions for establishment of Special Courts for Bank fraud cases. **** 1

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