Amended and updated notes on section 430 of Companies Act 2013. Detail discussion on provisions and rules related to civil court not to have jurisdiction.
Chapter XXVII (Sections 407–434) of the Companies Act, 2013 (CA 2013) deals with the provisions related to National Company Law Tribunal and Appellate Tribunal i.e. NCLT and NCLAT. Section 430 of CA 2013 provides for civil court not to have jurisdiction.
Recently, we have discussed in detail section 429 (Power to seek assistance of Chief Metropolitan Magistrate, etc.) of CA 2013. Today, we learn the provisions of section 430 of the Companies Act 2013.
The provisions of section 430 are effective from 1st June, 2016. You may refer Notification No. S.O. 1934(E) dated 1-06-2016. In this article, you will learn detail of the provisions of section 430 the Companies Act 2013.
| Name of Act | The Companies Act 2013 |
|---|---|
| Enacted by | Parliament of India |
| Administered by | Ministry of Corporate Affairs (MCA) |
| Number of Chapters | 29 |
| Number of Sections | 484 (470-43+57) |
| Number of Schedules | 7 |
| You are reading: | |
| Chapter No. | XXVII |
| Chapter Name | National Company Law Tribunal and Appellate Tribunal |
| Section No. | 430 |
| Section Name | Civil court not to have jurisdiction |
| Monthly Updated Edition | Company Law PDF |
Section 430 of Companies Act 2013: Civil court not to have jurisdiction
Section 430 shall come into force on 1st June, 2016 vide Notification No. S.O. 1934(E) issued dated 01.06.2016.
No civil court shall have jurisdiction to entertain any suit or proceeding in respect of any matter which the Tribunal or the Appellate Tribunal is empowered to determine by or under this Act or any other law for the time being in force and no injunction shall be granted by any court or other authority in respect of any action taken or to be taken in pursuance of any power conferred by or under this Act or any other law for the time being in force, by the Tribunal or the Appellate Tribunal.