What is Power to punish for contempt What is delegation of powers President, Members, officers, etc., to be public servants Section 425, 426 and 427 of Indian Companies Act 2013

Power to punish for contempt, Delegation of powers and President, Members, officers, etc., to be public servants are defined under Section 425, 426  and 427 of Indian Companies Act 2013. Provisions under these Sections are:

 

Section 425 of Indian Companies 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 reference therein to a High Court shall be construed as including a reference to the Tribunal and the Appellate Tribunal; and

(b) the reference to Advocate-General in section 15 of the said Act shall be construed as a reference to such Law Officers as the Central Government may, specify in this behalf.

 

Section 426 of Indian Companies 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 it and to report to it in such manner as may be specified in the order.

 

Section 427 of Indian Companies 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.

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