Constitution of Board of Company Law Administration - Specified powers and functions to be exercised and discharged by newly formed Benches - FILE NO. 10/25/91-CLB - Companies Law

ORDER [FILE NO. 10/25/91-CLB], DATED 7-8-1998, ISSUED BY COMPANY LAW BOARD Subject:- Constitution of Board of Company Law Administration - Specified powers and functions to be exercised and discharged by newly formed Benches In exercise of the powers conferred by sub-section (4B) of section 10E of the Companies Act, 1956 (1 of 1956), read with Regulation 4 of the Company Law Board Regulations, 1991 and in supersession of order of even number dated 3-6-1998, the Company Law Board hereby constitutes the following Benches for the purpose of exercising and discharging its powers and functions in the manner specified below : (a) Matters falling under sections 235, 237, 247, 248, 250, 388B, 408 and 409 and matters falling under Chapter VI of Part VI of the Companies Act, 1956 and under section 2A of the Monopolies and Restrictive Trade Practices Act, 1969 and all matters incidental thereto, shall be dealt with by the Principal Bench consisting of Chairman and any one of the following members : 1. Shri C.R. Mehta, Member (Western Bench) 2. Shri K.K. Balu, Member (Southern Bench) 3. Shri C.R. Das, Member (Eastern Bench) 4. Dr. A.K. Doshi, Member (Southern Bench) (b) Matters falling under sections 111, 111A and 269 of the Companies Act, 1956 and all other matters incidental thereto, shall be dealt with by the Regional Benches, consisting of not less than two Members as follows: Northern Bench Sh. S. Balasubramanian, Chairman and any one of the following: (1) Shri C.R. Mehta, Member (Western Bench) (2) Shri K.K. Balu, Member (Southern Bench) (3) Shri C.R. Das, Member (Eastern Bench) (4) Dr. A.K. Doshi, Member (Southern Bench) Eastern Bench Sh. S Balasubramanian, Chairman and Sh. C.R. Das, Member. Western Bench Sh. S. Balasubramanian, Chairman and Sh. C.R. Mehta, Member Southern Bench Any two members of the following : (1) Shri K.K. Balu (2) Dr. A.K. Doshi (3) Shri S. Balasubramanian, Chairman. (c) Other matters falling under the Companies Act, 1956 and all other matters incidental thereto including interlocutory applications connected with matters in (a) (b) above, shall be dealt with by a Single Member, sitting at the Regional Benches from amongst the Members specified in sub-para (a) above. The Bench may, at its discretion, hold its sittings at any place in the territory of India. 3. Any Bench or any group of Members may, if deemed necessary, instead of disposing the case himself/ themselves, refer the matter to the Principal Bench for joint consultation and disposal. 4. This order shall come into force with effect from 7-8-1998.