Section 31 — Bar of jurisdiction

Reviewed by CA Nikhil Gupta · Last reviewed 18 September 2026

Limits court jurisdiction in matters the Act assigns to specified statutory authorities/processes. The bar must be read carefully with section 18 arbitration, section 7 appeal, section 25 penalties and available public-law remedies. Forum selection should follow the nature of the dispute and statutory remedy.

Chapter VIIIMiscellaneous

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Primary official sources

← Section 30 — Protection of action taken in good faith Section 32 — Power of Reserve Bank to exempt in certain cases →

Finin2min summary — explanatory text. The official Act, Rules, Regulations and notifications control if there is any difference. Educational and research resource, not legal, regulatory, tax or investment advice; verify the instrument in force on the relevant date.