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TMI BlogCabinet approves creation of Post of Technical Member in SAT, MumbaiX X X X Extracts X X X X X X X X Extracts X X X X ..... Cabinet approves creation of Post of Technical Member in SAT, Mumbai X X X X Extracts X X X X X X X X Extracts X X X X ..... oposal for creation of the Post of Technical Member in Securities Appellate Tribunal (SAT), Mumbai at the level of Secretary to the Government of India in the pay scale of ₹ 2,25,000/- (fixed) o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r Level 17 of the Pay Matrix as per the 7th Pay Commission. Benefits: Creation of the post will facilitate the creation of an additional bench in SAT, Mumbai thereby allowing speedy disposal of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... increased number of appeals in SAT with respect to Securities and Exchanges Board of India, (SEBI), Insurance Regulatory and Development Authority of India (IRDA) and the Pension Fund Regulatory and D ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... evelopment Authority (PFRDA), which will be much beneficial to investors, pensioners and the general public. The securities market and insurance sector are growing rapidly. With increase in the volume ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of trading in securities market, and clients in the insurance sector, it is likely that the grievances will also increase. Therefore, it is necessary that a speedy redressal system is established. It ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... would ensure speedy disposal of appeal cases related to insurance, securities market and pension benefitting the general public. X X X X Extracts X X X X X X X X Extracts X X X X
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