Barbara Bako, Abuja.
The Chairman, Investments and Securities Tribunal (IST) Amos Azi has revealed that the Tribunal has entered into partnership with the National Judicial Council (NJC) for the on- boarding of IST into an E-filing portal that will enhance the Tribunal’s case management.
While speaking during a visit to IST by the House of Representatives Committee on Capital Market, Azi said with E-filling it would be easier for cases to be filled from anywhere in the world making the process of case filling less cumbersome and more cost effective.
The chairman also pleaded with the members of the committee to ensure that the act establishing the IST is amended in such a way that only lawyers with cognate experience in the Capital Market are appointed to head the Tribunal while lawyers with cognate experience within the Tribunal are appointed as Chief Register of the Tribunal.
On his part the Chairman, House of Representatives Committee on Capital Market Honourable Solomon Bob applauded the Tribunal saying, the simplified rules of business adopted by the Tribunal is what the other courts in the country should emulate.
Honourable Bob noted that the ability of the Tribunal to dispense Justice within the 90 days stipulated timeframe is a big plus for the ease of doing business in Nigeria.
The House of Representatives Committee Chairman and indeed all the committee members decried the poor accommodation where the Tribunal operates from as its National Headquarters promising to do everything within their powers to see to it that a befitting accommodation is allocated to the Tribunal within the Federal Capital Territory by the FCT administration.
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