Chief Justice Chandrachud highlights financial justice at SAT office inauguration

Chandrachud, who holds his court in a fully paperless manner, said that virtual hearing is a matter of right for the petitioner and lawyers.On this regard he specially commended the SAT for holding virtual hearings since the pandemic. Since SAT has only one bench and therefore has national jurisdiction, it is all more important that this appellate body allows the virtual participation of lawyers from across the country. This is all the more important as it has only a single bench.Emphasising the importance of the rule of law, the chief justice said, “we often consider the idea of rule of law is social and political justice. Way back in 2005, the World Bank has theorized that protecting the rule of law is intrinsically linked to ensuring better economic outcomes and financial advancement.”Coming to the soaring market which has scaled past the 80,000 mount yesterday, he said for Sebi and SAT this also brings to the fore of the importance of timely regulation.



Source link