Company Law Board (Amendment) Regulations, 2008 - Amendments in regulations 7, 34, Annexure-I and Annexure-II; substitution of regulation 4 - GSR 185(E). - Companies Law
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Chairman's power to allocate matters to Principal or Regional Benches clarified; transfer and fee payment procedures updated. The Chairman may designate specified company-law and MRTP Act matters to the Principal Bench and other matters to Regional Benches; the Principal Bench is headquartered in New Delhi but may sit elsewhere and the Chairman may transfer matters from Regional Benches to the Principal Bench on joint party request or for recorded reasons. Regional Bench jurisdictions are set out in Annexure-I and may sit outside their territories with party consent. Fees for petitions or applications must be paid by bank draft or banker's cheque in favour of the Pay and Accounts Officer, Ministry of Corporate Affairs, at the appropriate location. Annexure and form provisions are amended to substitute bench names and omit references to the Additional Principal Bench.
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.
Chairman's power to allocate matters to Principal or Regional Benches clarified; transfer and fee payment procedures updated.
The Chairman may designate specified company-law and MRTP Act matters to the Principal Bench and other matters to Regional Benches; the Principal Bench is headquartered in New Delhi but may sit elsewhere and the Chairman may transfer matters from Regional Benches to the Principal Bench on joint party request or for recorded reasons. Regional Bench jurisdictions are set out in Annexure-I and may sit outside their territories with party consent. Fees for petitions or applications must be paid by bank draft or banker's cheque in favour of the Pay and Accounts Officer, Ministry of Corporate Affairs, at the appropriate location. Annexure and form provisions are amended to substitute bench names and omit references to the Additional Principal Bench.
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