Designation of Special Court under securities and depository laws establishes the forum to hear offences and enforcement proceedings. The Central Government, invoking section 26A of the Securities and Exchange Board of India Act, section 26A of the Securities Contracts (Regulation) Act and section 22C of the Depositories Act, designates Principal District and Sessions Court, Chennai as the Special Court to exercise jurisdiction and adjudicatory functions under those statutes.
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Designation of Special Court under securities and depository laws establishes the forum to hear offences and enforcement proceedings.
The Central Government, invoking section 26A of the Securities and Exchange Board of India Act, section 26A of the Securities Contracts (Regulation) Act and section 22C of the Depositories Act, designates Principal District and Sessions Court, Chennai as the Special Court to exercise jurisdiction and adjudicatory functions under those statutes.
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