The Securities and Exchange Board of India Act, 1992 · VII — MISCELLANEOUS

Section 26. Cognizance of offences by courts

In force · As amended up to 2026-08

26. Cognizance of offences by courts. —(1) No court shall take cognizance of any offence punishable under this Act or any rules or regulations made thereunder, save on a complaint made by the Board[1] *. 2* * * * * 3[26A. 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.

Source: India Code