Transitional provisions

Any offence committed under this Act, which is triable by a Special Court shall, until a Special Court is established, be tried by a Court of Session Court of Session or the court of Metropolitan Magistrate or a Judicial Magistrate of the First Class, as the case may be exercising jurisdiction over the area, notwithstanding anything contained in the Code of Criminal Procedure, 1973:

Proviso

Provided that nothing contained in this section shall affect the powers of the High Court under section 407 of the Code to transfer any case or class of cases taken cognizance by a Court of Session Court of Session or the court of Metropolitan Magistrate or a Judicial Magistrate of the First Class, as the case may be under this section.

Notes, amendments & references (4)

Substituted vide Companies (Amendment) Act, 2017 dated 03.01.2018, Effective form 7th May,2018.

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Substituted vide Companies (Amendment) Act, 2017 dated 03.01.2018 Effective form 7th May,2018.To view commencement notification, Click Here