Section 7 of The Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992
Notwithstanding anything contained in any other law, any prosecution in respect of any offence referred to in sub-section (2) of section 3 shall be instituted only in the Special Court and any prosecution in respect of such offence pending in any court shall stand transferred to the Special Court.
Summary
- The Special Court has exclusive power over specific criminal trials regardless of what other laws say.
- These specific criminal cases can only be started in the Special Court.
- Any existing trials for these crimes in other courts must be moved to the Special Court automatically.
Practical examples
FAQ
1. What happens to a case that was already halfway finished in a different court?
It stands transferred to the Special Court automatically.
Test yourself
Q1.Under Section 7 of The Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992, where must a prosecution for an offence under Section 3, sub section 2 be started?
Q2.Under Section 7 of The Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992, what happens to a pending prosecution in another court?
Q3.Under Section 7 of The Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992, how does Section 3, sub section 2 limit this jurisdiction?
Q4.Under Section 7 of The Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992, does this rule apply even if other laws say something else?
Q5.Under Section 7 of The Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992, can a person notified under Section 3, sub section 2 be tried in a regular court for that offence?