3 [30. Cognizance of offences.--(1) No court shall take cognizance of any offence punishable under section 27 in relation to non-compliance with the provisions of section 23, section 24 or section 25 or under section 28 or section 29 or any other provisions of the Act, except upon a complaint in writing made by an officer of the Central Registry or an officer of the Reserve Bank, generally or specially authorised in writing in this behalf by the Central Registrar or, as the case may be, the Reserve Bank.
(2) No court inferior to that of a Metropolitan Magistrate or a Judicial Magistrate of the first class shall try any offence punishable under this Act.]
(2) No court inferior to that of a Metropolitan Magistrate or a Judicial Magistrate of the first class shall try any offence punishable under this Act.]
Source footnotes
1 Subs. by Act 1 of 2013, s. 10, for section 30 (w.e.f. 15-1-2013).आगे पढ़ें / Continue reading
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Section 1 · Short title, extent and commencement.Section 2 · Definitions.Section 3 · Registration of asset reconstruction companies.Section 4 · Cancellation of certificate of registration.Section 5 · Acquisition of rights or interest in financial assets.Section 5A · Transfer of pending applications to any one of Debts Recovery Tribunals in certain cases.Section 6 · Notice to obligor and discharge of obligation of such obligor.Section 7 · Issue of security by raising of receipts or funds by asset reconstruction company.India Code, Government of India. Text fetched 09 Oct 2026. Source metadata reports last modification: 2019-12-02. Check the linked official text and subsequent notifications when applying a provision.