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of <h1>Central Government Can Appoint Special Courts Under Securities Contracts Act for Faster Trials of Offences</h1> The Central Government is empowered to establish or designate Special Courts to expedite the trial of offences under the Securities Contracts (Regulation) Act, 1956. Each Special Court will have a single judge appointed by the Central Government with the Chief Justice of the relevant High Court's concurrence. To qualify as a judge of a Special Court, the individual must hold the position of a Sessions Judge or an Additional Sessions Judge immediately before the appointment. This provision was introduced by the Securities Laws (Amendment) Act, 2014, effective from July 18, 2013.
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