New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Special Courts are established

    by
    A High Court Correct Answer Incorrect Answer
    B Central Government Correct Answer Incorrect Answer
    C SEBI Correct Answer Incorrect Answer
    D SAT Correct Answer Incorrect Answer
    E Supreme Court Correct Answer Incorrect Answer

    Solution

    Section 26A of SEBI Act 26AEstablishment of Special Courts—(1) The Central Government may, for the purpose of providing speedy trial of offences under this Act, by notification, establish or designate as many Special Courts as may be necessary. (2) A Special Court shall consist of a single judge who shall be appointed by the Central Government with the concurrence of the Chief Justice of the High Court within whose jurisdiction the judge to be appointed is working. (3) A person shall not be qualified for appointment as a judge of a Special Court unless he is, immediately before such appointment, holding the office of a Sessions Judge or an Additional Sessions Judge, as the case may be

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