Lawgist9BPowers of the Special Court in arbitration matters
1[9B. Powers of the Special Court in arbitration matters.--(1) The Special Court shall have the jurisdiction and powers of a Court conferred under the Arbitration Act, 1940 (10 of 1940) to decide any question forming subject matter of a reference relating to any matter or claim mentioned in sub-section (1) of section 9A.
(2) Every suit or other proceeding (other than an appeal) in relation to any matter or claim referred to in sub-section (1) of section 9A pending before any Court and governed by the Arbitration Act, 1940 (10 of 1940), immediately before the date of commencement of the Special Court (Trial of Offences Relating to Transactions in Securities) Amendment Act, 1994 (24 of 1994) shall stand transferred on that date to the Special Court.
Explanation.--For the purposes of this section, the expressions "Court" and "reference" shall have respectively the same meanings as defined under clauses (c)and (e)of section 2 of the Arbitration Act, 1940 (10 of 1940).]
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1 Ins. by Act 24 of 1994, s. 3 (w. e. f. 25-1-1994).
- 1 Short title and commencement
- 2 Definitions
- 3 Appointment and functions of Custodian
- 4 Contracts entered into fraudulently may be cancelled
- 5 Establishment of Special Court
- 5A Distribution of cases amongst Judges of Special Court
- 6 Cognizance of cases by Special Court
- 7 Jurisdiction of Special Court
- 8 Jurisdiction of Special Court as to joint trials
- 9 Procedure and powers of Special Court
- 9A Jurisdiction, powers, authority and procedure of Special Court in civil matters
- 9B Powers of the Special Court in arbitration matters
- 10 Appeal
- 11 Discharge of liabilities
- 11A Power to punish for contempt
- 12 Protection of action taken in good faith
- 13 Act to have overriding effect
- 14 Power to make rules
- 15 Repeal and savings
