Securities Appellate Tribunal (SAT): Enforce…

Securities Appellate Tribunal (SAT): Enforce and summon the attendance of any person, require the discovery and production of documents, Receive evidence on affidavits, Issue commissions for the examination of the documents or witnesses, Dismiss an application for default or deciding it ex-parte. Act establishing the Tribunal: The Securities Exchange Board of India Act, 1992Appellate Court: […]

Defendant proceeded ex parte -…

Defendant proceeded ex parte – Such defendant has right to cross examine witnesses of plaintiff, where evidence of plaintiff had not concluded.

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