Tag: 12 Sept 2013
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Section 447 Punishment for fraud
CHAPTER XXIX MISCELLANEOUS [Section 447 is brought to force with effect from September 12, 2013.] Punishment for fraud Section 447. Without prejudice to any liability including repayment of any debt under this Act or any other law for the time being in force, any person who is found to be guilty of fraud, shall be…
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Section 446 Application of fines.
CHAPTER XXVIII SPECIAL COURTS [Section 446 is brought to force with effect from September 12, 2013.] Application of fines. Section 446. The court imposing any fine under this Act may direct that the whole or any part thereof shall be applied in or towards payment of the costs of the proceedings, or in or towards…
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Section 445 Compensation for accusation without reasonable cause.
CHAPTER XXVIII SPECIAL COURTS [Section 445 is brought to force with effect from September 12, 2013.] Compensation for accusation without reasonable cause. Section 445. The provisions of section 250 of the Code of Criminal Procedure, 1973 shall apply mutatis mutandis to compensation for accusation without reasonable cause before the Special Court or the Court of…
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Section 444 Appeal against acquittal.
CHAPTER XXVIII SPECIAL COURTS [Section 444 is brought to force with effect from September 12, 2013.] Appeal against acquittal. Section 444. Notwithstanding anything contained in the Code of Criminal Procedure, 1973, the Central Government may, in any case arising under this Act, direct any company prosecutor or authorise any other person either by name or…
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Section 443 Power of Central Government to appoint company prosecutors.
CHAPTER XXVIII SPECIAL COURTS [Section 443 is brought to force with effect from September 12, 2013.] Power of Central Government to appoint company prosecutors. Section 443. Notwithstanding anything contained in the Code of Criminal Procedure, 1973, the Central Government may appoint generally, or for any case, or in any case, or for any specified class…
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Section 439 Offences to be noncognizable.
CHAPTER XXVIII SPECIAL COURTS [Section 439 is brought to force with effect from September 12, 2013.] Offences to be noncognizable. Section 439. (1) Notwithstanding anything in the Code of Criminal Procedure, 1973, every offence under this Act except the offences referred to in sub-section (6) of section 212 shall be deemed to be non-cognizable within…
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Section 414 Salary, allowances and other terms and conditions of service of Members.
CHAPTER XXVII NATIONAL COMPANY LAW TRIBUNAL AND APPELLATE TRIBUNAL [Section 414 is brought to force with effect from September 12, 2013.] Salary, allowances and other terms and conditions of service of Members. Section 414. The salary, allowances and other terms and conditions of service of the Members of the Tribunal and the Appellate Tribunal shall…
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Section 413 Term of office of President, chairperson and other Members.
CHAPTER XXVII NATIONAL COMPANY LAW TRIBUNAL AND APPELLATE TRIBUNAL [Section 413 is brought to force with effect from September 12, 2013.] Term of office of President, chairperson and other Members. Section 413. (1) The President and every other Member of the Tribunal shall hold office as such for a term of five years from the…
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Section 412 Selection of Members of Tribunal and Appellate Tribunal.
Selection of Members of Tribunal and Appellate Tribunal. CHAPTER XXVII NATIONAL COMPANY LAW TRIBUNAL AND APPELLATE TRIBUNAL [Section 412 is brought to force with effect from September 12, 2013.] Section 412. (1) The President of the Tribunal and the chairperson and Judicial Members of the Appellate Tribunal, shall be appointed after consultation with the Chief…
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Section 411 Qualifications of chairperson and Members of Appellate Tribunal.
CHAPTER XXVII NATIONAL COMPANY LAW TRIBUNAL AND APPELLATE TRIBUNAL [Section 411 is brought to force with effect from September 12, 2013.] Qualifications of chairperson and Members of Appellate Tribunal. Section 411. (1) The chairperson shall be a person who is or has been a Judge of the Supreme Court or the Chief Justice of a…
