General Knowledge · General Awareness
Civil courts cannot entertain suits on matters within the Securities Appellate Tribunal's (SAT) jurisdiction as per Section 22E of the Securities Contracts (Regulation) Act, 1956, ensuring that:
- 1Only private claims can be made
- 2Only authorised entities like SEBI or stock exchanges can initiate proceedings✓
- 3Automatic appeals can be filed in the High Court
- 4Courts have unlimited injunction powers
Correct answer
Only authorised entities like SEBI or stock exchanges can initiate proceedings
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