Question

    A recognised stock exchange and recognised clearing

    corporation shall maintain and preserve all the books, registers, other documents and records relating to the issue or transfer of its securities for a period of ………….
    A not less than five years Correct Answer Incorrect Answer
    B not less than seven years Correct Answer Incorrect Answer
    C not less than eight years Correct Answer Incorrect Answer
    D five years Correct Answer Incorrect Answer
    E eight years Correct Answer Incorrect Answer

    Solution

    An expert is not a witness of fact; they are a witness of opinion. The final decision-maker is always the Judge ( Judex est lex loquens ). 

    • The court is never bound by the expert’s opinion. It is merely advisory (as seen in State of Himachal Pradesh v. Jai Lal). 
    • If the expert's opinion is found to be contrary to direct eyewitness testimony or is not supported by convincing reasons, the judge can reject it entirely. 

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