FILE  NO10/25/91-CLB

 

GOVERNMENT OF INDIA

COMPANY LAW BOARD

                                                                                                                                    5^TH  Floor, `A' Wing,

                                                                                                                                    Shastri   Bhawan,

                                                                                                                                     Dr.  R. P.  Road,

                                                                                                                                    New  Delhi - 110001

 

                                                                                                                                    Dated :23.08.99

 

ORDER

 

            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 29.6.99 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)                Matter falling under sections 235, 237, 247, 248, 250, 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 other       matters incidental thereto, shall be dealt with by Principal Bench consisting of not       less than two Members, with the Chairman or Vice-Chairman and one from the following-

 

1.      Sh. Justice A.K. Banerji, Chairman.

2.      Sh. S. Balasubramanian, Vice-Chairman.

3.      Sh C.R. Mehta, Member

4.      Sh. C.R. Das, Member

5.      S. K.K. Balu, Member

6.      Dr. A.K. Doshi, Member

 

(b)   Matters falling under Section 111, 111A & 269 of the Companies Act, 1956 and all other matters incidental thereto, shall be dealt with by the  Regional Benches at New Delhi, Chennai, Calcutta and Mumbai consisting of  not less than two from amongst those specified in sub- para(a) above.

 

      (c)    Other matters falling under the Companies Act, 1956 and all other matters incidental thereto including  interlocutory applications connected with matters in (a) and (b) above and also matters under section 45QA of the              Reserve Bank of India Act, 1934,shall be dealt with by a Single Member, sitting at the Regional Benches from amongst the Members specified in   sub-para (a) above

(2)               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)               The order shall come into force with effect from 03.08.1999.

 

By order of the Company Law Board

 

Sd/-----

(A.S. Dhillon)

Under Secretary to the Government of India.

  Telephone No.3382386.