Limitation Act application: appeals to the Securities Appellate Tribunal follow statutory limitation rules and exclude civil court jurisdiction. Section 23D provides that the Limitation Act, 1963 shall, as far as may be, apply to an appeal made to a Securities Appellate Tribunal, and that civil ... Summary
Limitation Act application: appeals to the Securities Appellate Tribunal follow statutory limitation rules and exclude civil court jurisdiction.
Section 23D provides that the Limitation Act, 1963 shall, as far as may be, apply to an appeal made to a Securities Appellate Tribunal, and that civil courts shall not have jurisdiction in respect of matters within the Tribunal's appellate competence; the provision was inserted by amendment and identifies the legislative source of the insertion.
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