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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 .....

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essions Judge or Additional Sessions Judge. Offences to be non-cognizable (Section 439) 26.2 Section 439 (2) of the Act provides that No court shall take cognizance of any offence under this Act which is alleged to have been committed by any company .....

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