Companies Act

Special Court Provisions us 435 effective from 18052016 for speedy trial of offences under Companies Act, 2013..Designated Courts have already been notified

Special Court Provisions u/s 435 effective from 18-05-2016

GOVERNMENT OF INDIA
MINISTRY OF CORPORATE AFFAIRS

Notification

New Delhi, the 18th May, 2016

(E)-In exercise of the powers conferred by sub-section (3) of section 1 of the Companies Act, 2013 (18 of 2013), the Central Government hereby appoints the 18th day of May, 2016 as the date on which the provisions of clause (iv) of sub-section (29) of section 2, sections 435 to 438 (both sections inclusive) and section 440 of the said Act shall come into force.

[ F No. 01/12//2009-CL-I (Vol.IV)]

AMARDEEP SINGH BHATIA, Jt Secy

Note:
Section 435 of the Companies Act, 2013 provides that the Central Government may, for the purpose of providing speedy trial of offences under the Act, establish or designate Special Courts. The Government has already notified the list of designated Courts u/s 435. 

Share

Recent Posts

  • DGFT

Banks authorised to import only gold for FY 2025-26 from 01.04.2025 to 31.03.2026

Updated list of banks authorised by Reserve Bank of India to import only gold for FY 2025-26 with effect from…

7 hours ago
  • Income Tax

Under POCM, selling/Admin costs allowable despite no revenue declared – ITAT

Under percentage completion method, selling/Admin costs are allowable despite no revenue declared as per guidance note of ICAI. In a…

1 day ago
  • Income Tax

AO can’t use reverse computation using TDS amount for disallowance u/s 40(a)(ia)

AO cannot use reverse computation of gross payment using TDS amount to determine the amount disallowable u/s 40(a)(ia) - ITAT…

1 day ago
  • Income Tax

Once loans is repaid in subsequent years, addition u/s 68 cannot be made

Once loans were repaid in subsequent assessment years with cogent evidences then the addition u/s 68 of the Income Tax…

2 days ago
  • Government

Viksit Bharat Guarantee for Rozgar & Ajeevika Mission-Gramin “VB-GRAM-G” notified

Viksit Bharat Guarantee for Rozgar & Ajeevika Mission (Gramin), In short VB-GRAM-G notified Government has notified Viksit Bharat Guarantee for…

2 days ago
  • Income Tax

In denovo assessment , AO to apply independent mind without influenced by remarks

Once PCIT restores assessment to AO for denovo consideration, AO is obliged to independently apply mind without influenced by the…

3 days ago