https://www.taxtmi.com/caselaws?id=795249 Accused persons facing a SEBI complaint before the Special Court must receive a pre-cognizance hearing under the first proviso to Section 223(1) of the Bharatiya Nagarik Suraksha Sanhita, 2023. The procedural framework applies to special-enactment offences unless the special law provides a contrary procedure. Although the SEBI Act restricts cognizance to complaints by the Board and deems the Special Court a Court of Session, it does not prescribe a different manner of taking cognizance or exclude the hearing requirement. The hearing is treated as a substantive fair-trial right; cognizance without compliance is void. en-us Wed, 15 Jul 2026 00:00:00 +0530 Mon, 20 Jul 2026 09:37:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795249 Accused persons facing a SEBI complaint before the Special Court must receive a pre-cognizance hearing under the first proviso to Section 223(1) of the Bharatiya Nagarik Suraksha Sanhita, 2023. The procedural framework applies to special-enactment offences unless the special law provides a contrary procedure. Although the SEBI Act restricts cognizance to complaints by the Board and deems the Special Court a Court of Session, it does not prescribe a different manner of taking cognizance or exclude the hearing requirement. The hearing is treated as a substantive fair-trial right; cognizance without compliance is void. Case-Laws SEBI Wed, 15 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795249