Section 424 — Procedure before Tribunal and Appellate Tribunal
(1) The Tribunal and the Appellate
Tribunal shall not, while disposing of any proceeding before it or, as the case may be, an appeal before it,
be bound by the procedure laid down in the Code of Civil Procedure, 1908 (5 of 1908), but shall be guided
by the principles of natural justice, and, subject to the other provisions of this Act 1[or of the Insolvency
and Bankruptcy Code, 2016 (31 of 2016)] and of any rules made hereunder, the Tribunal and the Appellate
Tribunal shall have power to regulate their own procedure.
(2) The Tribunal and the Appellate Tribunal shall have, for the purposes of discharging their functions
under this Act 1[or under the Insolvency and Bankruptcy Code, 2016 (31 of 2016)], the same powers as are
vested in a civil court under the Code of Civil Procedure, 1908 (5 of 1908) while trying a suit in respect of
the following matters, namely:—
(a) summoning and enforcing the attendance of any person and examining him on oath;
(b) requiring the discovery and production of documents;
(c) receiving evidence on affidavits;
(d) subject to the provisions of sections 123 and 124 of the Indian Evidence Act,1872 (1 of 1872),
requisitioning any public record or document or a copy of such record or document from any office;
(e) issuing commissions for the examination of witnesses or documents;
(f) dismissing a representation for default or deciding it ex parte;
(g) setting aside any order of dismissal of any representation for default or any order passed by it
ex parte; and
(h) any other matter which may be prescribed.
(3) Any order made by the Tribunal or the Appellate Tribunal may be enforced by that Tribunal in the
same manner as if it were a decree made by a court in a suit pending therein, and it shall be lawful for the
Tribunal or the Appellate Tribunal to send for execution of its orders to the court within the local limits of
whose jurisdiction,—
(a) in the case of an order against a company, the registered office of the company is situate; or
(b) in the case of an order against any other person, the person concerned voluntarily resides or
carries on business or personally works for gain.
(4) All proceedings before the Tribunal or the Appellate Tribunal shall be deemed to be judicial
proceedings within the meaning of sections 193 and 228, and for the purposes of section 196 of the Indian
Penal Code (45 of 1860), and the Tribunal and the Appellate Tribunal shall be deemed to be civil court for
the purposes of section 195 and Chapter XXVI of the Code of Criminal Procedure, 1973 (2 of 1974).
1. Ins. by Act 31 of 2016, s. 255 and the Eleventh Schedule (w.e.f. 15-11-2016).
Related sections
- Section 407 — Definitions
- Section 408 — Constitution of National Company Law Tribunal
- Section 409 — Qualification of President and Members of Tribunal
- Section 410 — Constitution of Appellate Tribunal
- Section 411 — Qualifications of chairperson and Members of Appellate Tribunal
- Section 412 — Selection of Members of Tribunal and Appellate Tribunal
- Section 413 — Term of office of President, chairperson and other Members
- Section 414 — Sal ary, allowances and other terms and conditions of service of Members
- Section 415 — Acting President and Chairperson of Tribunal or Appellate Tribunal
- Section 416 — Resignation of Members
- Section 417 — Removal of Members
- Section 418 — Staff of Tribunal and Appellate Tribunal
- Section 419 — Benches of Tribunal
- Section 420 — Orders of Tribunal
- Section 421 — Appeal from orders of Tribunal
- Section 422 — Expeditious disposal by Tribunal and Appellate Tribunal
- Section 423 — Appeal to Supreme Court
- Section 425 — Power to punish for contempt
- Section 426 — Delegation of powers
- Section 427 — President, Members, officers, etc., to be public servants
- Section 428 — Protection of action taken in good faith
- Section 429 — Power to seek assistance of Chief Metropolitan Magistrate, etc
- Section 430 — Civil court not to have jurisdiction
- Section 431 — Vacancy in Tribunal or Appellate Tribunal not to invalidate acts or proceedings
- Section 432 — Right to legal rep resentation
- Section 433 — Limitation