SAT extends suspension of physical hearings till October 16

The Securities Appellate Tribunal (SAT) has extended the suspension of physical hearing till Oct 16 to contain the spread of the coronavirus pandemic.

The directions already issued and permitted from time to time shall be continued and all earlier orders shall be aligned with the present order and shall remain in force up to and inclusive of 16 October 2020. But the office would remain open for administrative work.

The notification further said that it would keep functioning via video conference from October 5 from 11.30 am to 4.30 pm until further orders.

The office of the registry would function from 5th October from 11 am to 4.30 pm on all working days, it added.

Besides, matters fixed for hearing between October 5 to October 16 would be rescheduled from December 18, 2020, to January 8, 2021.

Earlier, the tribunal had suspended judicial work till October 1 while continuing to function through video conference.

Interim orders, if any, which are operational would remain in force till the next date of hearing, according to a notification dated October 1. In case of extreme urgent matters, parties may file cases by adopting standard operating procedures introduced by the tribunal earlier.