Section 319 of the Companies Act, 2013
Section 319 of the Companies Act, 2013 deals with the Power of Tribunal to Regulate its Own Procedure.
📜 Section 319 – Power of Tribunal to Regulate Procedure
🔹 Overview:
The National Company Law Tribunal (NCLT) has the authority to regulate its own procedure for the purposes of:
Hearing and deciding applications or petitions,
Conducting inquiries under the Companies Act, 2013.
The Tribunal is not bound by the rules of evidence but shall be guided by principles of natural justice.
🔹 Key Features:
Flexibility to frame procedures suited to the nature of company law cases,
Ability to ensure fair and just proceedings,
Power to call for evidence, documents, and witness testimony as needed,
Ensures efficient and effective administration of justice in corporate matters.
✅ Summary Table:
| Aspect | Details |
|---|---|
| Authority | National Company Law Tribunal (NCLT) |
| Power | Regulate own procedure |
| Binding by Evidence Rules | No; guided by natural justice |
| Purpose | Fair, flexible, and just company law proceedings |
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