Pending adjudicatory proceedings continue under prior Companies (Adjudication of Penalties) Rules despite the amendment notification. The amendment adds a proviso to sub rule (1) of Rule 3A clarifying that proceedings pending before an Adjudicating Officer or Regional Director on the date the amendment commences shall continue to proceed under the provisions of the Companies (Adjudication of Penalties) Rules, 2014 as they existed prior to that commencement, thereby preserving the prior procedural regime for existing matters.
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.
Pending adjudicatory proceedings continue under prior Companies (Adjudication of Penalties) Rules despite the amendment notification.
The amendment adds a proviso to sub rule (1) of Rule 3A clarifying that proceedings pending before an Adjudicating Officer or Regional Director on the date the amendment commences shall continue to proceed under the provisions of the Companies (Adjudication of Penalties) Rules, 2014 as they existed prior to that commencement, thereby preserving the prior procedural regime for existing matters.
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