Adjudicatory Activities: Adjudicatory Activities
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05.09.2018
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Bu səhifədəki naviqasiya:
Increased case influx resulting from increased investors’ confidence on the Tribunal
Inadequate Office Space
Inadequacy of the fund to meet the requirements of the provisions Sections 280 and 283 (2) of 1SA 2007
Adjudicatory Activities:
Adjudicatory Activities:
The Tribunal had increased case influx and rapid
reduction of its caseload
Increased case influx resulting from increased investors’
confidence on the Tribunal
Increased case influx resulting from increased investors’ confidence on the Tribunal
Public awareness of the existence and operations of the Tribunal.
Zeal of new Members in efficient and effective adjudication of capital market
disputes brought before them
Lack of Enforcement Powers:
Lack of Enforcement Powers:
The Tribunal by virtue of ISA 2007 has no enforcement powers and enforcement of its judgment lies with the Federal High Court . This weakens investors’ confidence on the Tribunal
Inadequate Office Space:
The Head office lacks space for befitting
Courtroom and offices for
staff
Funding:
Inconsistent release of the paltry budgetary allocation hinders smooth operation.
Irregular release of the approved capital market development Fund.
Inadequacy of the fund to meet the requirements of the provisions Sections 280 and 283 (2) of 1SA 2007
Public Awareness:-
Need for nationwide sensitization of stakeholdersto
re-launch her operations
Thank You
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