Sunday, August 14, 2016

Section 435 of Companies Act 2013

Section 435 of Companies Act 2013 :-

Establishment of Special Courts.

1.     The Central Government may, for the purpose of providing speedy trial of offences under this Act, by notification, establish or designate as many Special Courts as may be necessary.
2.     A Special Court shall consist of a single judge who shall be appointed by the Central Government with the concurrence of the Chief Justice of the High Court within whose jurisdiction the judge to be appointed is working.
3.     A person shall not be qualified for appointment as a judge of a Special Court unless he is, immediately before such appointment, holding office of a Sessions Judge or an Additional Sessions Judge.

India's Important Case Laws and Landmark Judgments on Companies Act 2013.

Section 435 Companies Act 1956 has been repealed.

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