2015 (2) TMI 1343

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....DER 1. Constitutional validity of Parts I-B and I-C of The Companies Act, 1956 inserted by Companies Second Amendment Act of 2002 was examined by a Constitution Bench in Union of India v. R. Gandhi, President, Madras Bar Association 2010 (11) SCC 1 The operative part of the order passed in the said case was to the following effect:  "We, therefore dispose of these appeals, partly ....

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.... 2013 by which Companies Act, 1956 has been repealed. Besides Chapter XXVII of the new Act envisages establishment of National Company Law Tribunal and National Company Law Appellate Tribunal sought in the manner and on the terms set out in the said chapter. Constitutional validity of Chapter XXVII comprising Sections 407 to 434 have been assailed by the Petitioner-association in Writ Petition (C)....