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Section 15PA

Member to Act As Presiding Officer in Certain Circumstances

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




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