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    Question

    Who among the following is qualified to be appointed as judge of Special Court as per SEBI Act?

    A Judicial Magistrate of First class Correct Answer Incorrect Answer
    B Judicial Magistrate of second class Correct Answer Incorrect Answer
    C Assistant Session Judge Correct Answer Incorrect Answer
    D Session Judge Correct Answer Incorrect Answer
    E Both c and d Correct Answer Incorrect Answer

    Solution

    Section 26A of SEBI Act - Establishment of Special Courts — (1) The Central Government may, for the purpose of providing speedy trial of offences under this Act, by notification, establish or designate as many Special Courts as may be necessary. (2) A Special Court shall consist of a single judge who shall be appointed by the Central Government with the concurrence of the Chief Justice of the High Court within whose jurisdiction the judge to be appointed is working. (3) A person shall not be qualified for appointment as a judge of a Special Court unless he is, immediately before such appointment, holding the office of a Sessions Judge or an Additional Sessions Judge, as the case may be.

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