Cross-examination of witness should be deferred only in exceptional cases: Supreme Court to trial courts

In a recent address, CJI DY Chandrachud highlighted SEBI and SAT's crucial role in stabilizing the stock market amidst surges. Emphasizing SEBI's regulatory framework, he underscored its role in maintaining market integrity and investor confidence. SAT's adjudicatory role was praised for ensuring fair and timely resolution of disputes, crucial for market stability. Chandrachud emphasized the need for robust regulatory oversight to mitigate risks and protect investor interests, reflecting on the evolving dynamics of financial markets. His remarks underscored the symbiotic relationship between effective regulation and market stability, vital for sustainable economic growth.