The Companies Act, 1956
10GB. Civil Court not to have jurisdiction.
1[10GB. Civil Court not to have jurisdiction.
(1) No Civil Court shall have jurisdiction to entertain any suit or proceeding in respect of any matter which the Tribunal or the Appellate Tribunal is empowered to determine by or under this Act or any other law for the time being in force and no injunction shall be granted by any Court or other authority in respect of any action taken or to be taken in pursuance of any power conferred by or under this Act or any other law for the time being in force.]
1. Section 10GB ins. by Act 11 of 2003, sec. 6 (w.e.f. 1-4-2003).