Section 22E

Civil Court not to have jurisdiction.

The Securities Contracts (Regulation) Act, 1956

  • Act 42 of 1956
  • Ministry of Finance
  • Department of Economic Affairs
About this Act

An Act to prevent undesirable transactions in securities by regulating the business of dealing therein, by providing for certain other matters connected therewith.

All sections
    1[22E. 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 s. 5, ibid. (w.e.f. 16-12-1999).
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