Jurisdiction of Company Law Board continues to exercise powers under Section 73 until tribunal notification. The Central Government directs that until a date is notified for establishing the successor tribunal, the Company Law Board constituted under the earlier statute shall exercise the jurisdiction, powers, authority and functions under subsection (4) of Section 73 of the Companies Act, 2013, ensuring continuity of administrative and adjudicatory functions related to the regulation of deposits and associated compliance until the new authority is notified.
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Provisions expressly mentioned in the judgment/order text.
Jurisdiction of Company Law Board continues to exercise powers under Section 73 until tribunal notification.
The Central Government directs that until a date is notified for establishing the successor tribunal, the Company Law Board constituted under the earlier statute shall exercise the jurisdiction, powers, authority and functions under subsection (4) of Section 73 of the Companies Act, 2013, ensuring continuity of administrative and adjudicatory functions related to the regulation of deposits and associated compliance until the new authority is notified.
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