Special Courts Established Under Companies Act, 2013 Can’t Retrospectively Try Offenses Committed Under 1956 Act: Karnataka HC

In a legal development, the Karnataka High Court has delivered a landmark ruling regarding the retrospective jurisdiction of special courts established under the Companies Act of 2013.  The ruling, delivered by Justice Hemant Chandangoudar, pertains to a case involving alleged fraudulent activities in the merger process between Kingfisher Airlines Limited (KFAL) and Deccan Aviation Limited

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