Special court jurisdiction ensures statutory securities offences are tried only by designated special courts, with territorial assignment by higher courts. All offences under the Securities Contracts (Regulation) Act, whether committed before or after the amending legislation's commencement, shall be taken cognizance of and tried by the Special Court for the area where the offence is committed; if multiple Special Courts exist, the High Court for the area shall specify which Special Court will take cognizance and try the offence, excluding application of the ordinary criminal procedural forum selection rules.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Special court jurisdiction ensures statutory securities offences are tried only by designated special courts, with territorial assignment by higher courts.
All offences under the Securities Contracts (Regulation) Act, whether committed before or after the amending legislation's commencement, shall be taken cognizance of and tried by the Special Court for the area where the offence is committed; if multiple Special Courts exist, the High Court for the area shall specify which Special Court will take cognizance and try the offence, excluding application of the ordinary criminal procedural forum selection rules.
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