Section 15K - Establishment of Securities Appellate Tribunals - Securities and Exchange Board of India Act, 1992

CHAPTER VIB ESTABLISHMENT, JURISDICTION, AUTHORITY AND PROCEDURE OF 1 [SECURITIES] APPELLATE TRIBUNAL Establishment of Securities Appellate Tribunals. 2 [15K. (1) The Central Government shall, by notification, establish a Tribunal to be known as the Securities Appellate Tribunal to exercise the jurisdiction, powers and authority conferred on it by or under this Act or any other law for the time being in force. (2) The Central Government shall also specify in the notification referred to in sub-section (1), the matters and places in relation to which the Securities Appellate Tribunal may exercise jurisdiction.] ********* 1. Inserted vide Finance Act, 2017 2. Substituted vide Finance Act, 2017 w.e.f April 26, 2017 before it was read as (1) The Central Government shall by notification, establish one or more Appellate Tribunals to be known as the Securities Appellate Tribunal to exercise the jurisdiction, powers and authority conferred on such Tribunal by or under this Act [or any other law for the time being in force]. (2) The Central Government shall also specify in the notification referred to in sub-section (1) the matters and places in relation to which the Securities Appellate Tribunal may exercise jurisdiction.