Constitution of Benches allocates jurisdiction and member composition for company law matters, and sets procedural handling of pending petitions. The Company Law Board Order constitutes Principal and regional benches with specified members, allocates subject-matter jurisdiction under the Companies Act and an RBI Act provision to particular benches and territorial divisions, designates handling of matters pending before the Principal and Additional Principal Benches, and directs that members who had reserved orders before commencement shall pass final orders after due notice; the Order supersedes earlier constitutions and takes effect on the stated date.
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Provisions expressly mentioned in the judgment/order text.
Constitution of Benches allocates jurisdiction and member composition for company law matters, and sets procedural handling of pending petitions.
The Company Law Board Order constitutes Principal and regional benches with specified members, allocates subject-matter jurisdiction under the Companies Act and an RBI Act provision to particular benches and territorial divisions, designates handling of matters pending before the Principal and Additional Principal Benches, and directs that members who had reserved orders before commencement shall pass final orders after due notice; the Order supersedes earlier constitutions and takes effect on the stated date.
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