Section 332 Investments and Securities Act

Section 332 of the Investments and Securities Act 2025 is about Powers and procedures of the Tribunal. It is under Part XVII (Establishment, Jurisdiction, Authority and Procedure of The Investments and Securities Tribunal) of the Act. It provides as follows:

(1) The Tribunal may make rules regulating its procedures.

(2) The Tribunal shall have, for the purposes of performing its functions under this Act, power to —
(a) summon and enforce the attendance of any person and examine him on oath;
(b) require the discovery and production of documents;

(c) receive evidence on affidavits;
(d) call for the examination of witness or documents;
(e) review its decisions;

(f) dismiss an application for default;
(g) decide matters ex-parte;
(h) enforce its judgment;

(i) commit any person for contempt;
(j) set aside or vary any of its orders; and
(k) do anything which in the opinion of the Tribunal is incidental or ancillary to its functions under this Act.

(3) Any proceeding before the Tribunal shall be a judicial proceeding and the Tribunal shall be a civil court for all purposes.

(4) Proceedings of the Tribunal may be held in camera as and when deemed appropriate in the circumstances of the case.