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SPECIAL COURTS - Proposed Amendments in the Companies Act 2013

News and Press Release - Dated:- 2-2-2016 - 26.1 The Committee noted that the establishment/designation of Special Courts under the Act would result in faster prosecution of defaulting companies. The changes made through the Companies (Amendment) Act, 2015 have also been noted by the Committee. The Committee recommended the early establishment/designation of the Special Courts. It may also be considered whether Special Courts at the subordinate level may also be established, in addition to the S .....

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