Home India Ministry of Finance Notification regarding amendment in relevant Acts for design...
Date: 2022-06-17 Category: Extra Ordinary State: Union Government Country: India

Notification regarding amendment in relevant Acts for designation of special courts in Jammu and Kashmir

Issued by Ministry of Finance · Department of Economic Affairs

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Executive Summary & Key Takeaways

## Policy Analysis Report: Amendment to Special Court Jurisdiction for Anti-Corruption Cases in Jammu and Kashmir **1. Executive Summary:** This report analyzes a notification amending the jurisdiction of Special Courts for anti-corruption cases in the Union Territory of Jammu and Kashmir. The amendment, detailed in Notification S.O. 2809(E) dated June 17, 2022, substitutes the existing court jurisdiction for anti-corruption cases in Jammu and Kashmir, assigning it to the Courts of Additional Special Judge, Anti-Corruption, Jammu and Srinagar respectively. This change likely aims to streamline and specify the judicial process for handling corruption cases within the region. **2. Introduction:** This report provides an overview and analysis of Notification S.O. 2809(E), issued by the Ministry of Finance, Department of Economic Affairs, on June 17, 2022. The report focuses on the amendment made to a previous notification concerning the jurisdiction of Special Courts for anti-corruption cases in Jammu and Kashmir, analyzing its potential impact and implications. The analysis is based solely on the text of the provided notification. **3. Policy Overview:** * **Amendment:** This notification amends the Government of India, Ministry of Finance notification numbers S.O. 3997(E), dated August 16, 2018. * **Core Objective:** The core objective, as inferred from the text, is to revise the designated court with jurisdiction over anti-corruption cases in the Jammu and Kashmir region. The change aims to ensure that cases are handled by the Courts of Additional Special Judge, Anti-Corruption, Jammu and Srinagar respectively. **4. Background and Rationale:** The amendment appears to address a need to clarify or update the specific courts responsible for handling anti-corruption cases within the Jammu and Kashmir division. The original notification (S.O. 3997(E)) likely outlined a different jurisdictional structure. This amendment suggests a decision to consolidate or focus these cases under the purview of the "Courts of Additional Special Judge, Anti-Corruption, Jammu and Srinagar respectively". This could be driven by a need for specialized handling, increased efficiency, or a change in the judicial landscape of the region. **5. Key Provisions / Changes:** This notification specifically amends the table in the original notification (S.O. 3997(E)) related to the jurisdiction of Special Courts. * **Specific Part Changed:** The amendment replaces serial number 9 and its corresponding entries in the table of the original notification. * **New Rule/Provision:** The new rule designates the "Courts of Additional Special Judge, Anti-Corruption, Jammu division and Kashmir division respectively in the Union territory of Jammu and Kashmir" as the Special Court for anti-corruption cases in the specified jurisdiction. * **Difference/Effect of the Change:** The change removes whatever court was previously designated under serial number 9 of the original notification and replaces it with the newly specified "Courts of Additional Special Judge, Anti-Corruption, Jammu and Srinagar respectively". This likely concentrates anti-corruption cases to these specific courts, potentially streamlining the legal process. **6. Target Audience and Stakeholders:** The target audience and stakeholders directly affected by this amendment include: * **The Courts of Additional Special Judge, Anti-Corruption, Jammu and Srinagar:** These courts will now be responsible for handling anti-corruption cases within their respective jurisdictions. * **Individuals accused of corruption in the Jammu and Kashmir division:** These individuals will have their cases heard in the newly designated courts. * **Legal professionals practicing in the Jammu and Kashmir division:** Lawyers and other legal professionals will need to be aware of this change in jurisdiction. * **Securities and Exchange Board of India (SEBI).** * **Securities Contracts Regulation Act.** * **Depositories Act.** **7. Implementation Aspects (Inferred):** * **Responsible agency/bodies:** The Ministry of Finance, Department of Economic Affairs, is responsible for issuing the notification. The Courts of Additional Special Judge, Anti-Corruption, Jammu and Srinagar are responsible for implementing the change in jurisdiction. The Chief Justice of the Hon’ble High Court of Jammu Kashmir and Ladakh concurred with the central government regarding this amendment. * **Timelines or procedures:** No specific timelines or procedures are mentioned in the provided text. However, the amendment is effective immediately upon publication in the Gazette of India. **8. Expected Outcomes / Impact of Changes:** The likely intended outcome of this amendment is to: * **Streamline the handling of anti-corruption cases:** By concentrating these cases in specialized courts, the process may become more efficient and effective. * **Provide clarity regarding jurisdiction:** The amendment eliminates any ambiguity about which courts are responsible for hearing anti-corruption cases in the Jammu and Kashmir division. * **Potentially expedite the resolution of corruption cases:** By focusing resources and expertise in the designated courts, the amendment may contribute to faster resolution of cases. **9. Conclusion:** Notification S.O. 2809(E) represents a specific adjustment to the jurisdictional framework for handling anti-corruption cases in Jammu and Kashmir. By designating the "Courts of Additional Special Judge, Anti-Corruption, Jammu and Srinagar respectively" as the Special Courts, the amendment likely aims to improve efficiency and clarity within the legal system. The change underscores the importance of a well-defined and specialized judicial process for addressing corruption.

Key Entities Referenced

Securities and Exchange Board of India: Regulatory body established under the Securities and Exchange Board of India Act, 1992. Securities Contracts Regulation Act, 1956: Indian legislation regulating securities contracts. Depositories Act, 1996: Indian legislation pertaining to depositories. Central Government: The executive authority of the Union of India. Chief Justice of the Honble High Court of Jammu Kashmir and Ladakh: The head of the High Court of Jammu Kashmir and Ladakh. Ministry of Finance: A ministry in the Government of India responsible for the country's finances. Department of Economic Affairs: A department within the Ministry of Finance. New Delhi: Capital of India, location of the Ministry of Finance. Courts of Additional Special Judge, Anti Corruption, Jammu and Srinagar: Special courts designated in Jammu and Srinagar to handle anti-corruption cases. Jammu division: An administrative division within the Union Territory of Jammu and Kashmir. Kashmir division: An administrative division within the Union Territory of Jammu and Kashmir. Union territory of Jammu and Kashmir: A union territory in India. Dr. SHASHANK SAKSENA: Senior Economic Adviser, Financial Markets
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-17062022-236685 xxxGIDHxxx CG-DL-E-17062022-236685 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 2672] नई ददल्ली, ि््रमिार, िनू 17, 2022/‍य ‍े ठ 27, 1944 No. 2672] NEW DELHI, FRIDAY, JUNE 17, 2022/JYAISHTHA 27, 1944 जित्त मत्रं ालय (आर्थथक काय यजिभाग) अजधसचू ना नई ददल् ली, 17 िून, 2022 का.आ. 2809(अ).—केन्‍द रीय सरकार, भारतीय प्रजतभूजत और जिजनमय बोडय अजधजनयम, 1992 (1992 का 15) की धारा 26क, प्रजतभूजत संजिदा (जिजनयमन) अजधजनयम, 1956 (1956 का 42) की धारा 26क और जनक्षेपागार अजधजनयम, 1996 (1996 का 22) की धारा 22ग द्वारा प्रदत् त िजतत यक का प्रयोग करते एए, िम् म-ू कश् मीर और लदाख उच् च न्‍द यायालय के म्‍य न्‍द यायमूर्थत की सहमजत स े भारत सरकार, जित् त मंत्रालय की अजधसचू ना सं‍ या का.आ. 3997(अ), तारीख 16 अगस्ट्त , 2018 म,ें िो भारत के रािपत्र, भाग II, खंड 3, उपखंड (ii) में प्रकाजित की गई थी, जनम्न जलजखत संिोधन करती ह,ै अथायत:- उतत अजधसूचना की सारणी में ्रमम सं. (9) और उससे संबजं धत प्रजिज‍ि यक के स्ट् थान पर जनम्न जलजखत को रखा िाएगा, अथायत ् :- ्रमम स‍ं य ा जिद्यमान न्‍दय ायालय जििषे न्‍दय ायालय के प प म ेंअजधकातरता (1) (2) (3) “9 अजततरतत जििेष न्‍द यायाधीि का न्‍द यायालय, िम्म -ू कश्म ीर के सघं रा‍य क्षत्रे म ें्रममि: िम्म ू भ्र‍ि ाचार जनरोधक, िम् म ू और रीनीनगर न्‍द यायालय खंड और कश् मीर खडं ” [फा. स.ं 10/49/2017-पीएम] डॉ. ििांक सतसेना, ितरष्ठ आर्थथक सलाहकार (जित् तीय बािार) 4137 GI/2022 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] तिप्प ण : मलू अजधसूचना भारत के रािपत्र, असाधारण, भाग II, खंड 3, उपखंड (ii) में अजधसूचना का.आ. 3997(अ), तारीख 16 अगस्ट् त, 2018 द्वारा प्रकाजित की गई थी । MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 17th June, 2022 S.O. 2809(E).—In exercise of the powers conferred by section 26A of the Securities and Exchange Board of India, 1992(15 of 1992), section 26A of the Securities Contracts (Regulation) Act, 1956 (42 of 1956) and section 22C of the Depositories Act, 1996 (22 of 1996), the Central Government, with the concurrence of the Chief Justice of the Hon’ble High Court of Jammu & Kashmir and Ladakh, hereby makes the following amendment in the notification of the Government of India, Ministry of Finance, numbers S.O. 3997(E), dated, the 16th August, 2018, published in the Gazette of India, Part II, Section 3, Sub-section (ii), namely:- In the said notification, in the Table, for the serial number (9) and the entries relating thereto, the following shall be substituted, namely:- Sl. No. Existing Court Jurisdiction as Special Court (1) (2) (3) "9 Courts of Additional Special Judge, Anti Jammu division and Kashmir division Corruption, Jammu and Srinagar respectively in the Union territory of Jammu and Kashmir” [F. No. 10/49/2017-PM] Dr. SHASHANK SAKSENA, Senior Economic Adviser (Financial Markets) Note: The principal notification was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), vide Notification S.O. 3997(E) dated the 16th August, 2018. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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