CANARA BANK vs NUCLEAR POWER CORPN. OF INDIA

The Supreme Court ruled that the jurisdiction of the Company Law Board (CLB) is not affected by the Special Court (Trial of Offences relating to Transactions in Securities) Act, 1992, specifically Section 9-A(2). The Court established that the CLB retains its authority to adjudicate matters related to securities under the Companies Act, 1956, despite the introduction of the Special Court Act. The appeal by Canara Bank was upheld, affirming the CLB's jurisdiction over the application concerning the registration of bonds.