Bombay High Court Quashes Process in IBC Complaint for Lack of Jurisdiction — Sessions Court Cannot Try Offences Under IBC Without Notification Under Section 435 CrPC. The court held that the Additional Sessions Judge lacked jurisdiction to take cognizance of a complaint under Sections 73(a) and 235A of the Insolvency and Bankruptcy Code, 2016, as no notification under Section 435 of the CrPC had been issued conferring such jurisdiction....
The petitioners, Satyanarayan Bankatlal Malu and Ramesh Satyanarayan Malu, filed a writ petition under Article 227 of the Constitution of India read with Section 482 of the Code of Criminal Procedure,...
