Special Courts for securities offences provide exclusive trial jurisdiction and application of Criminal Procedure rules, with qualified judges and prosecutors. Sections 26A-26E establish Special Courts for speedy trials under the Securities Contracts (Regulation) Act: single judge courts appointed with High Court concurrence, limited to Sessions Judges or Additional Sessions Judges; offences under the Act are to be tried exclusively by the designated Special Court; CrPC provisions apply with Special Courts treated as Courts of Session; prosecutors must have seven years' advocacy practice or equivalent specialised service; High Courts retain appeal, revision and transfer powers; until Special Courts are established, Courts of Session will try such offences.
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Provisions expressly mentioned in the judgment/order text.
Special Courts for securities offences provide exclusive trial jurisdiction and application of Criminal Procedure rules, with qualified judges and prosecutors.
Sections 26A-26E establish Special Courts for speedy trials under the Securities Contracts (Regulation) Act: single judge courts appointed with High Court concurrence, limited to Sessions Judges or Additional Sessions Judges; offences under the Act are to be tried exclusively by the designated Special Court; CrPC provisions apply with Special Courts treated as Courts of Session; prosecutors must have seven years' advocacy practice or equivalent specialised service; High Courts retain appeal, revision and transfer powers; until Special Courts are established, Courts of Session will try such offences.
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