Special Court Presided By Sessions Judge Has Jurisdiction to Hear Offences Under Insolvency Bankruptcy Code: Supreme Court
It was held that the High Court had grossly erred in quashing the complaint only on the ground that it was filed before a Special Court presided by a Sessions Judge.
The Supreme Court has held that a Special Court presided by a Sessions Judge or Additional Sessions Judge has the jurisdiction to hear offences under the Insolvency and Bankruptcy Code. The Court held that the provision of Section 435 of the Companies Act, 2013 with regard to Special Court would become a part of Section…
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