The Securities and Exchange Board of India Act

Establishment of Securities Appellate Tribunals

Composition of Securities Appellate Tribunal

Qualification for appointment as Presiding Officer or Member of Securities Appellate Tribunal

Amendment of Presiding Officer and Judicial Member

Search-cum-Selection Committee for appointment of Technical Members

Vacancy not to invalidate selection proceeding

Tenure of office of Presiding Officer and other Members of Securities Appellate Tribunal

Salary and allowances and other terms and conditions of service of Presiding Officers

Filling up of vacancies

Member to act as Presiding Officer in certain circumstance

Resignation and removal

Qualifications, terms and conditions of service of Presiding Officer and Member

Orders constituting Appellate Tribunal to be final and not to invalidate its proceedings

Staff of the Securities Appellate Tribunal

Appeal to the Securities Appellate Tribunal

Procedure and powers of the Securities Appellate Tribunal

Right to legal representation

Limitation

Presiding Officer, Members and staff of Securities Appellate Tribunals to be public servants

Civil Court not to have jurisdiction

Appeal to Supreme Court


ESTABLISHMENT, JURISDICTION, AUTHORITY AND PROCEDURE OF APPELLATE TRIBUNAL


1
[15X. Presiding Officer, Members and staff of Securities Appellate tribunal to be public
servants.--The Presiding Officer, Members and other officers and employees of a Securities Appellate
Tribunal shall be deemed to be public servants within the meaning of section 21 of the Indian Penal Code
(45 of 1860)].

LAWGIST

# 15X Presiding Officer, Members and staff of Securities Appellate Tribunals to be public servants