Trial jurisdiction limited to offences punishable with longer imprisonment; lesser company offences assigned to magistrate courts. The amendment limits the provision to offences punishable with imprisonment of two years or more, substituting that phrase for the prior broader wording, and inserts a proviso directing that all other offences shall be tried by a Metropolitan Magistrate or a Judicial Magistrate of the First Class having jurisdiction to try offences under this Act or any previous company law.
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.
Trial jurisdiction limited to offences punishable with longer imprisonment; lesser company offences assigned to magistrate courts.
The amendment limits the provision to offences punishable with imprisonment of two years or more, substituting that phrase for the prior broader wording, and inserts a proviso directing that all other offences shall be tried by a Metropolitan Magistrate or a Judicial Magistrate of the First Class having jurisdiction to try offences under this Act or any previous company law.
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