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of <h1>New Amendments Introduce Special Courts for Speedy Trials of Securities Offences under Sections 26A-26E</h1> The Securities Laws (Amendment) Act, 2014 introduces new sections 26A to 26E to the Securities Contracts (Regulation) Act, 1956. Section 26A allows the Central Government to establish Special Courts for speedy trials of offences under the Act, with judges appointed in consultation with the Chief Justice of the relevant High Court. Section 26B mandates that all offences under the Act be tried by Special Courts. Section 26C grants High Courts appellate powers over Special Courts. Section 26D applies the Code of Criminal Procedure to Special Court proceedings, requiring prosecutors to have at least seven years of legal experience. Section 26E provides transitional provisions for offences until Special Courts are established.
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