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MAY 20, 2016

MCA establishes Special Court under the Companies Act 2013

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MCA vide its notification dated 18th May 2016 has notified the commencement of provisions of clause (iv) of sub-section (29) of section 2, sections 435 to 438 (both sections inclusive) and section 440 w.e.f date of notification. The said provisions are related to Special Court.

Further by an another notification dated 18th May 2016, MCA after obtaining the concurrence of the respective Chief Justices of the High Courts, has designated the following Courts mentioned in the Table below as Special Courts for the purposes of trial of offences punishable under the Companies Act, 2013 with imprisonment of two years or more in terms of section 435 of the Companies Act, 2013, namely:-

SI. No.
(1)
Existing Court (2) Jurisdiction as Special Court (3)
1 Courts of Additional Special Judge, Anticorruption at Jammu and Srinagar State of Jammu and Kashmir
2 Presiding Officers of Court No's. 37 and 58 of the City Civil and Sessions Court, Greater Mumbai State of Maharashtra
3 Court of Principal District and Sessions Judge, Union territory of Dadra and Nagar Haveli at Silvassa. Union Territories of Dadra and Nagar Haveli and Daman and Diu
4 Court of District Judge-1 and Additional Sessions Judge, Panaji. State of Goa
5 Court of Principal District and Sessions Judge, Ahmedabad (Rural), situated at Mirzapur, Ahmedabad. State of Gujarat
6 9th Additional Sessions Judge, Gwalior Madhya Pradesh. State of Madhya Pradesh
7 Court of Additional District and Session Judge, Port Blair, Andaman and Nicobar Islands. Union territory of Andaman and Nicobar Islands.
8 2nd Special Court, Calcutta. State of West Bengal

Click here to download the notifications.