The Securities Appellate Tribunal has extended the suspension of physical hearing till October 16 amid the outbreak of a pandemic.
SAT in its notification dated October 1 said, “…. the judicial work of the Tribunal (physical work) shall remain suspended till Oct 16, 2020.
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 October 16.
However, it would keep functioning via video conference from October 5 from 11:30 am to 4:30 pm until further orders, it said. Further, the office of the registry would function from October 5 from 11 am to 4:30 pm on all working days, it added.
Moreover, matters fixed for hearing between 5 to 16 October would be rescheduled from December 18, 2020, to January 8, 2021. Earlier, the tribunal has suspended judicial work till October 1 while continuing to function through video conferencing. In case of extreme urgent matters, parties may file cases by adopting standard operating procedures introduced by the tribunal earlier.
In case of extreme urgent matters, parties may file cases by adopting standard operating procedures introduced by the tribunal earlier.