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Start Free TrialSpecial Court (Trial of Offences Relating to Trnsactions in Securities) Act, 1992 Complete Act
Title: Special Court (Trial of Offences Relating to Trnsactions in Securities) Act, 1992
State: Central
Year: 1992
Preamble1 - SPECIAL COURT (TRIAL OF OFFENCES RELATING TO TRANSACTIONS INSECURITIES) ACT, 1992 Section1 - Short title and commencement Section2 - Definitions Section3 - Appointment and functions of Custodian Section4 - Contracts entered into fraudulently may be cancelled Section5 - Establishment of Special Court Section5A - Distribution of cases amongst Judges of Special Court Section6 - Cognizance of case by Special Court Section7 - Jurisdiction of Special Court Section8 - Jurisdiction of Special Court as to joint trials Section9 - Procedure and powers of Special Court Section9A - Jurisdiction, powers, authority and procedure of Special Court in civil matters Section9B - Powers of the Special Court in arbitration matters Section10 - Appeal Section11 - Discharge of liabilities Section11A - Power to punish for contempt Section12 - Protection of action taken in good faith Section13 - Act to have overriding effect Section14 - Power to make rules Section15 - Repeal and savings
List Judgments citing this sectionSecurities and Exchange Board of India Act, 1992 Complete Act
Title: Securities and Exchange Board of India Act, 1992
State: Central
Year: 1992
.....trading Section15H - Penalty for non-disclosure of acquisition of shares and takeovers Section15HA - Penalty for fraudulent and unfair trade practices Section15HB - Penalty for contravention where no separate penalty has been provided Section15I - Power to adjudicate Section15J - Factors to be taken into account by the adjudicating officer Section15JA - Crediting sums realised by way of penalties to Consolidated Fund of India ChapterVIB - ESTABLISHMENT, JURISDICTION, AUTHORITY AND PROCEDURE OF APPELLATE TRIBUNAL Section15K - Establishment of Securities Appellate Tribunals Section15L - Composition of Securities Appellate Tribunal Section15M - Qualification for appointment as Presiding Officer or Member of Securities Appellate Tribunal Section15N - Tenure of office of Presiding Officer and other Members of Securities Appellate Tribunal Section15O - Salary and allowances and other terms and conditions of service of Presiding Officer Section15P - Filling up of vacancies Section15Q - Resignation and removal Section15R - Orders constituting Appellate Tribunal to be final and not to invalidate its proceedings Section15S - Staff of the Securities Appellate Tribunal .....
List Judgments citing this sectionSpecial Court (Trial of Offences Relating to Trnsactions in Securities) Act, 1992 Section 9A
Title: Jurisdiction, Powers, Authority and Procedure of Special Court in Civil Matters
State: Central
Year: 1992
.....before such commencement, by any civil Court in relation to by matter of claim-- (a) relating to any property standing attached under sub-section (3) of section 3; (b) arising out of transactions in securities entered into after the 1st day of April, 1991, and on or before the 6th day of June, 1992, in which a person notified under sub-section (2) of section 3is involved as a party, broker, intermediary or in any other manner. (2) Every suit, claim or other legal proceeding (other than an appeal) pending before any Court immediately before the commencement of the Special Court (Trial of Offences Relating to Transactions in Securities) Amendment Act, 1994, being a suit, claim or proceeding, the cause of action whereon it is based is such that it would have been, if it had arisen after such commencement, within the jurisdiction of the Special Court under sub-section (1), shall stand transferred on such commencement to the Special Court and the Special Court may, on receipt of the records of such suit, claim or other legal proceeding, proceed to deal with it, so far as may be, in the same manner as a suit, claim or legal proceeding from the stage which was reached.....
View Complete Act List Judgments citing this sectionSpecial Court (Trial of Offences Relating to Trnsactions in Securities) Act, 1992 Section 5
Title: Establishment of Special Court
State: Central
Year: 1992
.....as the Chief Justice of that High Court may, with the concurrence of the Chief Justice of India, nominate for the purpose and the Judge so appointed shall have all the jurisdiction and powers of3[a Judge of the Special Court] including the powers to pass final orders.". ________________________ 1.Substituted for the words "a sitting Judge" by Special Court (Trial of Offences relating to Transactions in Securities) Amendment Act (24 of 1994),section 2 (w.r.e.f. 25-1-94), (6 of 1997), section 2 (w.r.e.f 16-1-97). 2.Inserted by Special Court (Trial of Offences relating to Transactions in Securities) Amendment Act (24 of 1994),section 2 (w.r.e.f. 25-1-94). 3.Substituted for the words "the Judge of the Special Court", by Special Court (Trial of Offences relating to Transactions in Securities) Amendment Act (24 of 1994),section 2 (w.r.e.f. 25-1-94), (6 of 1997), section 2 (w.r.e.f 16-1-97).
View Complete Act List Judgments citing this sectionSpecial Court (Trial of Offences Relating to Trnsactions in Securities) Act, 1992 Section 5A
Title: Distribution of Cases Amongst Judges of Special Court
State: Central
Year: 1992
Where the Special Court consists of two or more Judges, the Chief Justice of the High Court within the local limits of whose jurisdiction the Special Court is situated may, from time to time, by general or special order, make provisions as to the distribution of cases amongst the Judges and specify the matters which may be dealt with by each of such Judge.] ________________________ 1. Inserted by Special Court (Trial of Offences relating to Transactions in Securities) Amendment Act (6 of 1997),section 83 (w.r.e.f. 16-1-97).
View Complete Act List Judgments citing this sectionSpecial Court (Trial of Offences Relating to Trnsactions in Securities) Act, 1992 Preamble 1
Title: Special Court (Trial of Offences Relating to Transactions Insecurities) Act, 1992
State: Central
Year: 1992
THE SPECIAL COURT (TRIAL OF OFFENCES RELATING TO TRANSACTIONS INSECURITIES) ACT, 1992 [Act, No. 27 of 1992] [18th August, 1992.] PREAMBLE An Act to provide for the establishment of a Special Court for the trial of offences relating to transactions in securities for matters connected therewith or incidental thereto. BE it enacted by Parliament in the Forty-third Year of the Republic of India as follows:--
View Complete Act List Judgments citing this sectionSpecial Court (Trial of Offences Relating to Trnsactions in Securities) Act, 1992 Section 9B
Title: Powers of the Special Court in Arbitration Matters
State: Central
Year: 1992
(1) The Special Court shall have the jurisdiction and powers of a Court conferred under the Arbitration Act, 1940 to decide any question forming the subject matter of a reference relating to any matter or claim mentioned in sub-section (1) of section 9A. (2) Every suit or other proceeding (other than an appeal) in relation to any matter or claim referred to in sub-sec. (1) of section 9A pending before any Court and governed by the Arbitration Act, 1940,immediately before the date of commencement of the Special Court (Trial of Offences Relating to Transactions in Securities) Amendment Act, 1994 shall stand transferred on that date to Special Court. Explanation.--For the purposes of this section, the expressions "Court" and "reference" shall have respectively the same meanings as defined under clauses (c) and (e) of section 2 of the Arbitration Act, 1940.]
View Complete Act List Judgments citing this sectionSecurities and Exchange Board of India Act, 1992 Section 11A
Title: Board to Regulate or Prohibit Issue of Prospectus, Offer Document or Advertisement Soliciting Money for Issue of Securities
State: Central
Year: 1992
.....Contracts (Regulation) Act, 1956 (42 of 1956), the Board may specify the requirements for listing and transfer of securities and other matters incidental thereto.] ______________________ 1. Section "11 A. Matters to be disclosed by the companies.-Without prejudice to the provisions of the Companies Act, 1956 (1 of 1956), the Board may, for the protection of investors, specify, by regulations,- (a) the matters relating to issue of capital, transfer of securities and other matters incidental thereto; and (b) the manner in which such matters, shall be disclosed by the companies." Inserted by Act 9 of 1995, section 6 (w.r.e.f. 25-1-1995) and substituted by Act 59 of 2002, section 5 (w.r.e.f. 29-10-2002).
View Complete Act List Judgments citing this sectionSpecial Court (Trial of Offences Relating to Trnsactions in Securities) Act, 1992 Section 9
Title: Procedure and Powers of Special Court
State: Central
Year: 1992
(1) The Special Court shall, in the trial of such cases, follow the procedure prescribed by the Code for the trial of warrant cases before a Magistrate. (2) Save as expressly provided in this Act, the provisions of the Code shall, in so far as they are not inconsistent with the provisions of this Act, apply to the proceedings before the Special Court and for the purposes of the said provisions of the Code, the Special Court shall be deemed to be a Court of Session and shall have all the powers of a Court of Session, and the person conducting a prosecution before the Special Court shall be deemed to be a Public Prosecutor. (3) The Special Court may pass upon any person convicted by it any sentence authorised by law or the punishment of the offence of which such person is convicted. (4) While dealing with any other matter brought before it, the Special Court may adopt such procedure as it may deem fit consistent with the principles of natural justice.
View Complete Act List Judgments citing this sectionSecurities and Exchange Board of India Act, 1992 Chapter II
Title: Establishment of the Securities and Exchange Board of India
State: Central
Year: 1992
.....and members of the Board (1) The term of office and other conditions of service of the Chairman and the members referred to in clause (d) of sub-section (1) of section 4 shall be such as may be prescribed. (2) Notwithstanding anything contained in sub-section (1), the Central Government shall have the right to terminate the services of the Chairman or a member appointed under clause (d) of sub-section (1) of section 4, at any time before the expiry of the period prescribed under sub-section (1), by giving him notice of not less than three months in writing or three months' salary and allowances in lieu thereof, and the Chairman or a member, as the case may be, shall also have the right to relinquish his office, at any time before the expiry of the period prescribed under sub-section (1), by giving to the Central Government notice of not less than three months in writing. Section 6 - Removal of member from office 1[***] The Central Government shall remove a member from office if he- (a) is, or at any time has been, adjudicated as insolvent; (b) is of unsound mind and stands so declared by a competent court; (c) has been convicted of an offence which, in the.....
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