Section 428 The Company Act 2013

Section 428 The Company Act 2013

Protection of Action Taken in Good Faith. No suit, prosecution or other legal proceeding shall lie against the Tribunal, the President, Member, officer or other employee, or against the Appellate Tribunal, the Chairperson, Member, officer or other employees thereof or liquidator or any other person authorised by the Tribunal or the Appellate Tribunal for the discharge of any function under this Act in respect of any […]

Section 427 The Company Act 2013

Section 427 The Company Act 2013

President, Members, Officers, etc., to be Public Servants The President, Members, Officers and other employees of the Tribunal and the Chairperson, Members, officers and other employees of the Appellate Tribunal shall be deemed to be public servants within the meaning of section 21 of the Indian Penal Code.

Section 426 The Company Act 2013

Section 426 The Company Act 2013

Delegation of Powers The Tribunal or the Appellate Tribunal may, by general or special order, direct, subject to such conditions, if any, as may be specified in the order, any of its officers or employees or any other person authorised by it to inquire into any matter connected with any proceeding or, as the case may be, appeal before

Section 425 The Company Act 2013

Section 425 The Company Act 2013

Power to Punish for Contempt The Tribunal and the Appellate Tribunal shall have the same jurisdiction, powers and authority in respect of contempt of themselves as the High Court has and may exercise, for this purpose, the powers under the provisions of the Contempt of Courts Act, 1971, which shall have the effect subject to modifications that— (a) the

Section 424 The Company Act 2013

Section 424 The Company Act 2013

Procedure Before Tribunal and Appellate Tribunal (1) The Tribunal and the Appellate Tribunal shall not, while disposing of any proceeding before it or, as the case may be, an appeal before it, be bound by the procedure laid down in the Code of Civil Procedure, 1908, but shall be guided by the principles of natural justice, and,

Section 423 The Company Act 2013

Section 423 The Company Act 2013

Appeal to Supreme Court Any person aggrieved by any order of the Appellate Tribunal may file an appeal to the Supreme Court within sixty days from the date of receipt of the order of the Appellate Tribunal to him on any question of law arising out of such order: Provided that the Supreme Court may, if it is satisfied

Section 422 The Company Act 2013

Section 422 The Company Act 2013

Expeditious Disposal by Tribunal and Appellate Tribunal (1) Every application or petition presented before the Tribunal and every appeal filed before the Appellate Tribunal shall be dealt with and disposed of by it as expeditiously as possible and every endeavour shall be made by the Tribunal or the Appellate Tribunal, as the case may be, for the disposal of such application or

Section 421 The Company Act 2013

Section 421 The Company Act 2013

Appeal from Orders of Tribunal (1) Any person aggrieved by an order of the Tribunal may prefer an appeal to the Appellate Tribunal. (2) No appeal shall lie to the Appellate Tribunal from an order made by the Tribunal with the consent of parties. (3) Every appeal under sub-section (1) shall be filed within a period of forty-five days from the date

Section 420 The Company Act 2013

Section 420 The Company Act 2013

Orders of Tribunal (1) The Tribunal may, after giving the parties to any proceeding before it, a reasonable opportunity of being heard, pass such orders thereon as it thinks fit. (2) The Tribunal may, at any time within two years from the date of the order, with a view to rectifying any mistake apparent from the record, amend any

Section 419 The Company Act 2013

Section 419 The Company Act 2013

Benches of Tribunal & Notified Date of Section : 01/06/2016 (1) There shall be constituted such number of Benches of the Tribunal, as may, by notification, be specified by the Central Government. (2) The Principal Bench of the Tribunal shall be at New Delhi which shall be presided over by the President of the Tribunal. (3) The powers of