The Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992

The Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992 is an Indian law that was enacted to provide for the establishment of special courts for the trial of offenses related to transactions in securities. The Act defines various offenses related to securities transactions, such as insider trading, fraudulent and unfair trade practices, and false or misleading statements. The Act also specifies the jurisdiction of these special courts, the powers of the judges presiding over them, and the procedures to be followed during the trial. The Act also sets out the penalties for various offenses under the Act, which range from fines to imprisonment. The Act aims to curb illegal practices in the securities market and to protect the interests of investors.