Special Courts Under the Companies Act, 2013
By Team Legistify / 2016-06-11
8 Special courts are established under Companies Act 2013. Section 435 of the Companies Act 2013 provides for the speedy trial of offences empowered by Central Government, to establish or designate as many as Special Courts necessary.

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To give quick transfer of offences culpable under the Companies Act, 2013, which are culpable with detainment of 2 years or more, the Ministry of Corporate Affairs has advised the procurements managing 'Special Courts' with impact from 18 May 2016.

Special Courts in India

Existing courts in the State of Maharashtra, Jammu and Kashmir, Goa, Gujarat, Madhya Pradesh, West Bengal, and Union domain of Andaman and Nicobar Islands, and Dadra and Nagar Haveli and Daman and Diu have been assigned as Special Courts for purposed of trying offences under the Companies Act, 2013. According to the notification, these courts have been assigned for the purposes of the trial of offences culpable under the Companies Act, 2013 with detainment of 2 years or more.

Offences Trialable by Special Courts

According to the provisions of the Companies Act, 2013, after offences are triable by Special Courts:

8 Special courts are established under Companies Act 2013. Section 435 of the Companies Act 2013 provides for the speedy trial of offences empowered by Central Government, to establish or designate as many as Special Courts necessary.

Have a Legal Issue?

Get connected to the Best Lawyers and Chartered Accountants Near You!


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