law: Factoring Regulation Act, 2011 
  24. Cognizance of
  
  offences.-
  1.     
  
    No
  
  Court shall take cognizance of any offence punishable under this Act except
  
  upon a complaint in writing made by an officer of the Reserve Bank, generally
  
  or specially authorised in writing in this behalf by the Reserve Bank.
  2.     
  
    No
  
  Court other than that of a Metropolitan Magistrate or a Judicial Magistrate of
  
  the first class or a court superior thereto shall try any such offence
  
  punishable under this Act.