SAT to remain closed till June 30 amid coronavirus pandemic

Securities Appellate Tribunal (SAT) has said it will remain closed till June 30 in view of coronavirus pandemic. Earlier, tribunal was scheduled to remain closed till June 12.

"In continuation of our earlier order dated June 1, extending closure of tribunal till June 12 on account of lockdown declared by government... tribunal shall furr remain suspended till June 30," SAT said in a tification.

Besides, tribunal will function from July 1 between 11.30 am and 4.30 pm and urgent cases will be heard during July 1-3. Also, office of registry will function from July 1 between 11 am and 4.30 pm until furr orders.

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If any party desires that appeal may be heard through video conference on date fixed or any or date, party may file an application in advance by adopting standard operating procedures introduced by tribunal earlier, SAT said.

matter fixed for hearing during June 15-19 will w stand adjourned till July 28, 29, 30 and August 3, 4, respectively. Also, matters fixed for hearing from June 22-26 June will w be fixed for hearing on August 5, 6, 10, 11 and 13, respectively. For matters fixed for hearing on June 29-30, July 1-3 will w be adjourned till August 17, 18, 19, 20 and 24, respectively, tribunal said in a tification on Saturday.

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