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    Question

    As per the SEBI Act the Securities Appellate Tribunal

    shall consist of a Presiding Officer and such number of Judicial Members and Technical Members as the __________ may determine
    A President Correct Answer Incorrect Answer
    B Securities Board Correct Answer Incorrect Answer
    C Central Government Correct Answer Incorrect Answer
    D Competent Authority Correct Answer Incorrect Answer
    E Prime Minister in consultation with a Committee of the Board Correct Answer Incorrect Answer

    Solution

    SEBI Act Section 15L. Composition of Securities Appellate--(1) The Securities Appellate Tribunal shall consist of a Presiding Officer and such number of Judicial Members and Technical Members as the Central Government may determine, by notification, to exercise the powers and discharge the functions conferred on the Securities Appellate Tribunal under this Act or any other law for the time being in force.

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