Special Courts with Sessions Judges cannot try offences under IBC: Bombay High Court

Justice SK Shinde held that the Special Courts consisting of Metropolitan Magistrates or Judicial Magistrate First Class were authorised to try offences under IBC.
Bombay High Court
Bombay High Court

The Bombay High Court on Monday ruled that only special courts consisting of Metropolitan or Judicial Magistrates are empowered to hear complaints under the Insolvency and Bankruptcy Code (IBC), and not courts consisting of Sessions Court judges [Satyanarayan Bankatlal Malu & Anr v. IBBI & Anr].

Loading content, please wait...
Bar and Bench - Indian Legal news