# The Securities and Exchange Board of India Act, 1992, Section 15Y: Civil Court not to have jurisdiction

- Act: The Securities and Exchange Board of India Act, 1992 (Act 15 of 1992)
- In force from: 1992-01-30
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/sebi-act/section/15Y/

## Text

1[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.]

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