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Section 440 of Companies Act 2013: Transitional Provisions

SECTION-440 (Transitional provisions) under CHAPTER-XXVIII (Special Courts) of the Companies Act, 2013

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 exercising jurisdiction over the area, notwithstanding anything contained in the Code of Criminal Procedure, 1973:
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 under this section.

Extra Notes for Readers

(1) The Companies Act, 2013 received the assent of the President on the 29th August, 2013 (Published in the Gazette of India, Extraordinary, Part II - Section 1 by Ministry of Law and Justice, Legislative Department on 30th August, 2013).

(2) Section 440 of the Companies Act 2013 was notified by MCA Notification S.O. 1795(E) dated 18th May 2016 (w.e.f. 18th May 2016).

This page was last updated on 5th June, 2017.

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