Securities and Exchange Board of India Act : Civil court not to have jurisdiction. Indian Bare Acts :

Securities and Exchange Board of India Act,1992

Act No : 15

Section : Civil court not to have jurisdiction.

15Y. Civil court not to have jurisdiction. No civil court shall have jurisdiction to entertain any suit or proceeding in respect of any matter which an adjudication officer appointed under this Act or a Securities Appellate Tribunal constituted under this Act is empowered by or under this Act to determine and no injunction shall be granted by any court or other authority in respect of any action taken or to be taken in pursuance of any power conferred by or under this Act.