Lawgist15MBSearch-cum-Selection Committee for appointment of Technical Members
1[15MB. Search-cum-Selection Committee for appointment of Technical Members.-- (1) The Technical Members of the Securities Appellate Tribunal shall be appointed by the Central Government on the recommendation of a Search-cum-Selection Committee consisting of the following, namely:--
(a) Presiding Officer, Securities Appellate Tribunal-Chairperson;
(b) Secretary, Department of Economic Affairs-Member;
(c) Secretary, Department of Financial Services-Member; and
(d) Secretary, Legislative Department or Secretary, Department of Legal Affairs-Member.
(2) The Secretary, Department of Economic Affairs shall be the Convener of the Search-cumSelection Committee.
(3) The Search-cum-Selection Committee shall determine its procedure for recommending the names of persons to be appointed under sub-section (1).]
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1. Ins. by Act 9 of 1995, s. 9 (w.e.f. 25-1-1995).
- 15K Establishment of Securities Appellate Tribunals
- 15L Composition of Securities Appellate Tribunal
- 15M Qualification for appointment as Presiding Officer or Member of Securities Appellate Tribunal
- 15MA Amendment of Presiding Officer and Judicial Member
- 15MB Search-cum-Selection Committee for appointment of Technical Members
- 15MC Vacancy not to invalidate selection proceeding
- 15N Tenure of office of Presiding Officer and other Members of Securities Appellate Tribunal
- 15O Salary and allowances and other terms and conditions of service of Presiding Officers
- 15P Filling up of vacancies
- 15PA Member to act as Presiding Officer in certain circumstance
- 15Q Resignation and removal
- 15QA Qualifications, terms and conditions of service of Presiding Officer and Member
- 15R Orders constituting Appellate Tribunal to be final and not to invalidate its proceedings
- 15S Staff of the Securities Appellate Tribunal
- 15T Appeal to the Securities Appellate Tribunal
- 15U Procedure and powers of the Securities Appellate Tribunal
- 15V Right to legal representation
- 15W Limitation
- 15X Presiding Officer, Members and staff of Securities Appellate Tribunals to be public servants
- 15Y Civil Court not to have jurisdiction
- 15Z Appeal to Supreme Court
