SEBI to set up special court in Delhi

Q.  SEBI has just set up plans for a special court in the national capital. Where else is the special court located in India?
- Published on 01 Jun 16

a. Mumbai
b. Hyderabad
c. Cochin
d. Agartala

ANSWER: Mumbai
 
To fast-track proceedings and ensure timely disposal of cases filed by capital market regulator Sebi, a special court is in the process of being set up in the national capital.
  • This would be the fourth special court to be established in the country to hear cases filed by the Securities and Exchange Board of India (Sebi).
  • Following amendment in the Sebi Act, back in 2014, three special courts have already been constituted in Mumbai, Kolkata and Chennai

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