Section 15P
Filling up of vacancies.
The Securities and Exchange Board of India Act, 1992
About this Act
An Act to provide for the establishment of a Board to protect the interests of investors in securities and to promote the development of, and to regulate, the securities market and for matters connected therewith or incidental thereto.
1[15P. Filling up of vacancies.-- If, for reason other than temporary absence, any vacancy occurs in
2t[he office of the Presiding Officer or any other Member], of a Securities Appellate Tribunal, then the
Central Government shall appoint another person in accordance with the provisions of this Act to fill the
vacancy and the proceedings may be continued before the Securities Appellate Tribunal from the stage at
which the vacancy is filled.]
Notes
1. Ins. by Act 9 of 1995, s. 9 (w.e.f. 25-1-1995).
2. Subs. by s. 23, ibid., for "office of the Presiding Officer" (w.e.f. 29-10-2002).
2. Subs. by s. 23, ibid., for "office of the Presiding Officer" (w.e.f. 29-10-2002).