Section 23E
Civil Court not to have jurisdiction
About this Act
An Act to provide for regulation of depositories in securities and for matters connected therewith or incidental thereto.
1[23E. Civil court not to have jurisdiction.--No civil court shall have jurisdiction to entertain any
suit or proceeding in respect of any matter which a Securities Appellate Tribunal is empowered by or
under this Act to determine and no injunction shall be granted by any court or other authority in respect of
any action taken or to be taken in pursuance of any power conferred by or under this Act.]
Notes
1. Ins. by Act 32 of 1999, s. 15 (w.e.f. 16-12-1999).