The Investments and Securities Tribunal Wednesday resumed sittings after over two months of lockdown due to Covid-19.

This was made known in a statement issued by the management of the tribunal through its Corporate Affairs Department.

The statement said skeletal activities resumed on May 4, in strict compliance to the directive that only officers on grade levels 14 and above should return to work.

The statement quote the tribunal as pledging to adhere strictly to the guidelines issued by the National Judicial Council for resumption of court sittings under COVID-19 pandemic.

The statement said, “The Acting Chairman of the Tribunal, Hon. Jude Udunni, in a meeting with the management staff stated that it had become imperative for the tribunal to resume court sittings in order to meet up with its mandate as a fast-track court, with the responsibility to resolve capital market disputes in a timely manner.

The acting chairman of the tribunal, Honourable Jude Odunni said the sittings will deal only with urgent matters that will not require the testimonies of witnesses.

In line with the development, only lead counsels will be allowed in court to ensure that two-metre social distancing rule is strictly adhered to.

The tribunal said it would resume sitting with a ruling in the matter between Bamidele Olaniyan against Partnership Investment Limited and three others.

It added that normal operations would resume as events unfold and as directed by the Federal Government