Suman L. Shah vs The Custodian

The Supreme Court examined appeals under Section 10 of the Special Court (Trial of Offences relating to transactions in Securities) Act, 1992, addressing the mechanism for speedy recovery of funds diverted by share brokers and bank employees. The Court emphasized the powers of the Custodian under Sections 3 and 11, allowing for the attachment and disposal of properties linked to securities transactions. The judgment upheld the Special Court's authority to enforce recovery measures against defaulting parties, reinforcing the integrity of financial transactions.