Transitional tribunal jurisdiction continues pending formal notification, maintaining continuity of adjudicatory functions under the new companies framework. The Central Government, under the removal-of-difficulties power, provides that until a notification brings the new adjudicatory forum into effect, the existing adjudicatory body constituted under the prior companies statute shall exercise the jurisdiction, powers, authority and functions of the tribunal under the new Act, thereby preserving continuity of adjudication pending formal notification.
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Provisions expressly mentioned in the judgment/order text.
Transitional tribunal jurisdiction continues pending formal notification, maintaining continuity of adjudicatory functions under the new companies framework.
The Central Government, under the removal-of-difficulties power, provides that until a notification brings the new adjudicatory forum into effect, the existing adjudicatory body constituted under the prior companies statute shall exercise the jurisdiction, powers, authority and functions of the tribunal under the new Act, thereby preserving continuity of adjudication pending formal notification.
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