Securities Appellate Tribunal Says No Physical Hearing Till Oct. 29 Amid Covid-19
A gavel sits on a stage. (Photographer: Daniel Acker/Bloomberg)

Securities Appellate Tribunal Says No Physical Hearing Till Oct. 29 Amid Covid-19

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The Securities Appellate Tribunal has extended the suspension of physical hearing till Oct. 29 amid the coronavirus pandemic.

Interim orders, if any, which are operational would remain in force till the next date of hearing, according to a notification.

"... the judicial work of the tribunal (physical hearing) shall remain suspended till 29th October, 2020," it said in a notification dated Oct. 16.

The directions already issued and permitted from time to time shall be continued and all earlier orders shall be aligned with the present order and shall remain in force up to and inclusive of Oct. 29, the tribunal said.

As per the notification, it would keep functioning via video conference from 11:30 a.m. to 4:30 p.m. until further orders. Also, the office of the registry would function from Oct. 19 - from 11 a.m. to 4:30 p.m. on all working days.

Matters fixed for hearing between Oct. 19 to Oct. 29 would be rescheduled from Jan. 11 to Jan. 21, 2021.

Earlier, the tribunal had suspended judicial work till Oct. 16 while continuing to function through video conference.

In case of extreme urgent matters, parties may file cases by adopting standard operating procedures introduced by the tribunal earlier, it said.

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