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of <h1>Companies Act offences awaiting Special Courts: trials continue in regular criminal courts; High Court can transfer cases under CrPC 407</h1> Offences under the Companies Act, 2013 that are triable by a Special Court must, until Special Courts are established, be tried by the Court of Session or, as applicable, the Court of Metropolitan Magistrate or a Judicial Magistrate of the First Class having territorial jurisdiction, notwithstanding anything in the Code of Criminal Procedure, 1973. This ensures continuity of criminal adjudication for such offences in ordinary criminal courts pending constitution of Special Courts. The High Court's power under section 407 of the Code of Criminal Procedure, 1973 to transfer any case or class of cases taken cognizance of by the aforesaid courts under this transitional arrangement is preserved.
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