Constitution of Company Law Board benches assigns specified matters to Principal, Regional and Single Member benches for disposal. Constitution of Company Law Board benches assigns Principal Bench (minimum two Members including Chairman or Vice Chairman) jurisdiction over specified insolvency, reconstruction and related provisions and certain restrictive trade practice matters; Regional Benches (minimum two Members) will handle specified company management sections and incidental matters; other matters and interlocutory applications, including the specified reserve bank provision, are to be dealt with by a Single Member. Benches may sit anywhere in India and may refer matters to the Principal Bench for joint consultation and disposal.
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Provisions expressly mentioned in the judgment/order text.
Constitution of Company Law Board benches assigns specified matters to Principal, Regional and Single Member benches for disposal.
Constitution of Company Law Board benches assigns Principal Bench (minimum two Members including Chairman or Vice Chairman) jurisdiction over specified insolvency, reconstruction and related provisions and certain restrictive trade practice matters; Regional Benches (minimum two Members) will handle specified company management sections and incidental matters; other matters and interlocutory applications, including the specified reserve bank provision, are to be dealt with by a Single Member. Benches may sit anywhere in India and may refer matters to the Principal Bench for joint consultation and disposal.
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