BANK SEBI Grade A Phase 1 & Phase 2 Mock Test 2024 Legal Aspects of Business The Companies Act, 2013
Section 430 restricts the jurisdiction of civil courts in matters assigned to the Tribunal. Why is this significant?
1
It decreases the number of cases in civil courts.
2
It provides specialized handling of corporate governance and disputes.
3
It allows civil courts to focus on criminal cases.
4
It reduces the paperwork.
5
It centralizes legal authority.