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of <h1>Special Court Designated in Ranchi to Expedite Serious Offences Under Companies Act, 2013, per Section 435.</h1> The Central Government, with the agreement of the Chief Justice of the High Court of Jharkhand, has designated the Court of Additional Judicial Commissioner-III, Ranchi, Jharkhand, as a Special Court under the Companies Act, 2013. This designation aims to expedite the trial of offences punishable with imprisonment of two years or more, as outlined in section 435 of the Act. The notification, issued by the Ministry of Corporate Affairs on May 5, 2022, underscores the commitment to ensuring swift judicial processes for serious offences under the Companies Law.
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