Section 15MB: Search-cum-Selection Committee for appointment of Technical Members.

The Securities and Exchange Board of India Act, 1992Central Act · Act 15 of 1992

[15MB. Search-cum-Selection Committee for appointment of Technical Members.-- (1) The Technical Members of the Securities Appellate Tribunal shall be appointed by the Central Government on the recommendation of a Search-cum-Selection Committee consisting of the following, namely:--

(a) Presiding Officer, Securities Appellate Tribunal-Chairperson;

(b) Secretary, Department of Economic Affairs-Member;

(d) Secretary, Legislative Department or Secretary, Department of Legal Affairs-Member.

(2) The Secretary, Department of Economic Affairs shall be the Convener of the Search-cumSelection Committee.

(3) The Search-cum-Selection Committee shall determine its procedure for recommending the names of persons to be appointed under sub-section (1).]

Where this provision sits

Act	The Securities and Exchange Board of India Act, 1992
Section	15MB
Marginal note	Search-cum-Selection Committee for appointment of Technical Members.
Jurisdiction	Central
Status	In force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

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

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