Cognizance of company-law offences limited to complaints by Registrar, shareholder or government authorised persons, with SEBI authorisation for securities matters. Offences under the Companies Act are cognizable only on complaint by the Registrar, a shareholder, or a person authorised by the Central Government; complaints in relation to issue and transfer of securities and non-payment of dividend may be made by persons authorised by SEBI; personal attendance of the Registrar or Central Government authorised complainant at trial is not required unless ordered by the court; the restriction does not prevent actions by a company's liquidator for offences connected to winding up, and a liquidator is not deemed an officer for this purpose.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Cognizance of company-law offences limited to complaints by Registrar, shareholder or government authorised persons, with SEBI authorisation for securities matters.
Offences under the Companies Act are cognizable only on complaint by the Registrar, a shareholder, or a person authorised by the Central Government; complaints in relation to issue and transfer of securities and non-payment of dividend may be made by persons authorised by SEBI; personal attendance of the Registrar or Central Government authorised complainant at trial is not required unless ordered by the court; the restriction does not prevent actions by a company's liquidator for offences connected to winding up, and a liquidator is not deemed an officer for this purpose.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.