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Home Business

SAT to remain closed till May 15 amid coronavirus lockdown

by Navjeevan Express
6 years ago
in Business, Capital Market, COVID-19, Lockdown, Mumbai
Reading Time: 1 min read
0
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SAT to remain closed till May 15 amid coronavirus lockdown
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NE NEWS SERVICE

NEW DELHI, MAY 4

The Securities Appellate Tribunal (SAT) will remain closed till May 15 because of the nationwide lockdown announced by the government to prevent the spread of coronavirus.

Earlier, the tribunal had said it will remain closed till May 1.

“The tribunal will further remain closed from May 4, 2020, to May 15, 2020, in view of the extension of nationwide lockdown declared by the government on May 1 to contain the spread of COVID-19,” SAT said in a notification.

Besides, the tribunal will function from May 18 between 11.30 am and 4.30 pm, until further orders.

Also, the office of the registry shall function from May 18 between 11 am and 4.30 pm, it added.

The matters fixed for hearing on May 4, 5th, and 6th will now stand adjourned till June 8, 9th, and 10th, respectively, and the matter fixed for hearing on May 8 will now be adjourned till June 11.

Also, the matters fixed for hearing on May 11 to 15 will now be adjourned till June 15 to June 22, respectively, excluding holidays.

Tags: coronavirusMay 15nationwide lockdownThe Securities Appellate Tribunal
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