Section 30
Cognizance of offence.
About this Act
An Act to regulate securitisation and reconstruction of financial assets and enforcement of security interest and to provide for a Central database of security interests created on property rights, and for matters connected therewith or incidental thereto.
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.]
Notes
1 Subs. by Act 1 of 2013, s. 10, for section 30 (w.e.f. 15-1-2013).