TMI BlogProcedure and powers of Securities Appellate TribunalX X X X Extracts X X X X X X X X Extracts X X X X ..... al justice and, subject to the other provisions of this Act and of any rules, the Securities Appellate Tribunal shall have powers to regulate their own procedure including the places at which they shall have their sittings. (2) The Securities Appellate Tribunal shall have, for the purpose of discharging their functions under this Act, the same powers as are vested in a civil court under the Code ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f section 196 of the Indian Penal Code (45 of 1860) and the Securities Appellate Tribunal shall be deemed to be a civil court for all the purposes of section 195 and Chapter XXVI of the Code of Criminal Procedure, 1973 (2 of 1974).]
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1 Inserted by the Securities Laws (Second Amendment) Act, 1999, Sec 5, w.e.f. 16-12-1999.
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