Companies Act Section 280 — Jurisdiction of Tribunal
CHAPTER XX WINDING UP
Commercial / Corporate
Summary
The Tribunal has the power to hear and decide certain matters related to a company, and this power applies even if other laws might suggest otherwise. This means the Tribunal's authority in these specific areas overrides any conflicting provisions in other current laws.
Under clause (a), the Tribunal can handle any lawsuit or legal proceeding that is filed by the company or against the company.
Under clause (b), the Tribunal can handle any claim made by or against the company, and this also includes claims involving any of the company's branches located in India.
Under clause (c), the Tribunal can handle any application that is made under section 233 of this Act.
Under clause (d), the Tribunal can decide any question about priorities or any other question at all, whether it is a question of law or of fact. This includes questions relating to the company's assets, business, actions, rights, entitlements, privileges, benefits, duties, responsibilities, or obligations, or any matter that arises out of or is connected to the winding up of the company. This power applies whether the lawsuit, proceeding, claim, question, application, or scheme was started or made before or after the order for winding up the company was issued.
Official Text
The Tribunal shall, notwithstanding anything contained in any other law for the time being in force, have jurisdiction to entertain, or dispose of,—
(a) any suit or proceeding by or against the company;
(b) any claim made by or against the company, including claims by or against any of its branches in India;
(c) any application made under section 233;
(d) any question of priorities or any other question whatsoever, whether of law or facts, including those relating to assets, business, actions, rights, entitlements, privileges, benefits, duties, responsibilities, obligations or in any matter arising out of, or in relation to winding up of the company, whether such suit or proceeding has been instituted, or is instituted, or such claim or question has arisen or arises or such application has been made or is made or such scheme has been submitted, or is submitted, before or after the order for the winding up of the company is made.]