(a) whether the Government proposes to set up more new tribunals to speed up corporate
cases like Satyam and others;
(b) if so, the details thereof; and
(c) the time by which these tribunals are likely to be set up?
(a) whether the Government proposes to set up more new tribunals to speed up corporate
cases like Satyam and others;
(b) if so, the details thereof; and
(c) the time by which these tribunals are likely to be set up?
THE MINISTER OF CORPORATE AFFAIRS (SHRI SALMAN KHURSHID)
(a) to (c) For the violations/offences of various provisions of the Companies Act, 1956,
prosecutions are filed in jurisdictional judicial Courts. There is no proposal to set up
new Tribunals for this purpose.