Special Courts established for speedy trial of offences under the Companies Act; composition and appointment conditions specified. Establishes Special Courts by notification for speedy trial of offences under the Companies Act. Special Courts for offences punishable with imprisonment of two years or more shall consist of a single judge who is a Session Judge or Additional Session Judge; for other offences they shall consist of a Metropolitan Magistrate or a Judicial Magistrate of the First Class. Appointments are made by the Central Government with the concurrence of the Chief Justice of the High Court within whose jurisdiction the appointee is working.
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Special Courts established for speedy trial of offences under the Companies Act; composition and appointment conditions specified.
Establishes Special Courts by notification for speedy trial of offences under the Companies Act. Special Courts for offences punishable with imprisonment of two years or more shall consist of a single judge who is a Session Judge or Additional Session Judge; for other offences they shall consist of a Metropolitan Magistrate or a Judicial Magistrate of the First Class. Appointments are made by the Central Government with the concurrence of the Chief Justice of the High Court within whose jurisdiction the appointee is working.
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