Substitution of judicial forum alters Companies Act procedures for government companies, shifting disputes to administrative control. The notification directs that specified Companies Act provisions apply to government companies with substitutions: the term Court (and where applicable High Court) is to be read as the Central Government, and a particular subordinate paragraph of the reorganisation provision is omitted, converting judicial references into administrative determinations for government companies.
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Provisions expressly mentioned in the judgment/order text.
Substitution of judicial forum alters Companies Act procedures for government companies, shifting disputes to administrative control.
The notification directs that specified Companies Act provisions apply to government companies with substitutions: the term Court (and where applicable High Court) is to be read as the Central Government, and a particular subordinate paragraph of the reorganisation provision is omitted, converting judicial references into administrative determinations for government companies.
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