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Section 15R

Orders Constituting Appellate Tribunal to Be Final and Not to Invalidate Its Proceedings.

The Securities and Exchange Board of India Act, 1992
1[15R. Orders constituting Appellate Tribunal to be final and not to invalidate its proceedings.-- No order of the Central Government appointing any person as the 2[Presiding Officer or a Member] of a Securities Appellate Tribunal shall be called in question in any manner, and no act or proceeding before a Securities Appellate Tribunal shall be called in question in any manner on the ground merely of any defect in the constitution of a Securities Appellate Tribunal.]




1. Ins. by Act 9 of 1995, s. 9 (w.e.f. 25-1-1995).

2. Subs. by Act 59 of 2002, s. 25, for "Presiding Officer" (w.e.f. 29-10-2002).