Section 15PA

Member to act as Presiding Officer in certain circumstances

The Securities and Exchange Board of India Act, 1992

  • Act 15 of 1992
  • Ministry of Finance
  • Department of Economic Affairs
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.

All sections
    1[15PA. Member to act as Presiding Officer in certain circumstances.--In the event of occurrence of any vacancy in the office of the Presiding Officer of the Securities Appellate Tribunal by reason of his death, resignation or otherwise, the senior-most Judicial Member of the Securities Appellate Tribunal shall act as the Presiding Officer until the date on which a new Presiding Officer is appointed in accordance with the provisions of this Act.]

Notes

1. Ins. by Act 7 of 2017, s. 148 (w.e.f. 26-5-2017).

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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