Question

    Name the autonomous body in India which hear and dispose appeals against orders passed by the Securities and Exchange Board of India (SEBI)

    A SEBI Ombudsman Correct Answer Incorrect Answer
    B Securities Appellate Tribunal Correct Answer Incorrect Answer
    C Security quasi-judicial Tribunal Correct Answer Incorrect Answer
    D Security Judicial Tribunal Correct Answer Incorrect Answer
    E Supreme court Correct Answer Incorrect Answer

    Solution

    Securities Appellate Tribunal is a statutory body established under the provisions of Section 15K of the Securities and Exchange Board of India Act, 1992 to hear and to dispose appeals against orders passed by the Securities and Exchange board of India or by an adjudicating officer under the Act.

    Practice Next