Special Courts for Companies Act offences ensure expedited trials under designated jurisdiction and procedural framework. The Central Government, under section 435 of the Companies Act, with concurrence of the Chief Justice of the High Court of Punjab and Haryana, designates specific magistrate courts as Special Courts to ensure speedy trial of offences specified in clause (b) of sub-section (2) of section 435. The notification names the courts at SAS Nagar, Gurugram and Chandigarh and is issued by the Ministry of Corporate Affairs to allocate jurisdiction for expedited proceedings under the Companies Act.
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Special Courts for Companies Act offences ensure expedited trials under designated jurisdiction and procedural framework.
The Central Government, under section 435 of the Companies Act, with concurrence of the Chief Justice of the High Court of Punjab and Haryana, designates specific magistrate courts as Special Courts to ensure speedy trial of offences specified in clause (b) of sub-section (2) of section 435. The notification names the courts at SAS Nagar, Gurugram and Chandigarh and is issued by the Ministry of Corporate Affairs to allocate jurisdiction for expedited proceedings under the Companies Act.
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