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    <title>2002 (8) TMI 616 - SPECIAL COURT (TRIAL OF OFFENCES RELATING TO TRANS</title>
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    <description>The Special Court under the Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992 has jurisdiction only over claims connected with attached property and securities transactions within the statutory period. An alleged assignee relying on an assignment executed after that period could not invoke the Special Court to test the validity or effect of the later assignment, seek substitution, or claim the dividend. Such disputes between assignor and assignee, including rival claims and cancellation issues, fall within the ordinary civil court&#039;s jurisdiction. The Special Court could not enlarge its statutory mandate by treating the applicant as a transferee or representative for a transaction outside the scheme of the Act.</description>
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    <pubDate>Thu, 22 Aug 2002 00:00:00 +0530</pubDate>
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      <title>2002 (8) TMI 616 - SPECIAL COURT (TRIAL OF OFFENCES RELATING TO TRANS</title>
      <link>https://www.taxtmi.com/caselaws?id=106483</link>
      <description>The Special Court under the Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992 has jurisdiction only over claims connected with attached property and securities transactions within the statutory period. An alleged assignee relying on an assignment executed after that period could not invoke the Special Court to test the validity or effect of the later assignment, seek substitution, or claim the dividend. Such disputes between assignor and assignee, including rival claims and cancellation issues, fall within the ordinary civil court&#039;s jurisdiction. The Special Court could not enlarge its statutory mandate by treating the applicant as a transferee or representative for a transaction outside the scheme of the Act.</description>
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