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Section 15P

Filling Up of Vacancies.

The Securities and Exchange Board of India Act, 1992
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.]




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).