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<h1>SAT Operates Independently, Guided by Natural Justice, with Civil Court Powers for Summoning, Document Production, and More.</h1> The Securities Appellate Tribunal (SAT) operates independently of the Civil Procedure Code, guided by natural justice principles. It has the authority to regulate its procedures, including setting locations for its sittings. SAT holds powers akin to a civil court under the Civil Procedure Code for summoning individuals, enforcing attendance, examining witnesses, requiring document production, receiving affidavits, issuing commissions, reviewing decisions, and dismissing or deciding applications ex parte. Proceedings before SAT are considered judicial, and SAT is deemed a civil court for specific purposes under the Indian Penal Code and the Code of Criminal Procedure.