Company law offences expedited through designated judicial forums ensuring speedy trial with graded judicial composition. Central Government may establish or designate Special Courts by notification for speedy trial of offences under the Companies Act, excluding section 452. Special Courts are composed according to offence gravity: a single judge who is a Session Judge or Additional Session Judge for offences punishable with two years or more imprisonment, and a Metropolitan Magistrate or Judicial Magistrate of the First Class for other offences. Appointments are made by the Central Government with the concurrence of the Chief Justice of the relevant High Court.
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Provisions expressly mentioned in the judgment/order text.
Company law offences expedited through designated judicial forums ensuring speedy trial with graded judicial composition.
Central Government may establish or designate Special Courts by notification for speedy trial of offences under the Companies Act, excluding section 452. Special Courts are composed according to offence gravity: a single judge who is a Session Judge or Additional Session Judge for offences punishable with two years or more imprisonment, and a Metropolitan Magistrate or Judicial Magistrate of the First Class for other offences. Appointments are made by the Central Government with the concurrence of the Chief Justice of the relevant High Court.
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