📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store

    • Question

      Which Tribunal has been constituted to protect the

      interest of entities that feel aggrieved by SEBI’s decision?
      A Securities Market Tribunal Correct Answer Incorrect Answer
      B Securities Appellate Tribunal Correct Answer Incorrect Answer
      C Securities Capital Tribunal Correct Answer Incorrect Answer
      D Market Capital Tribunal Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      • Securities Appellate Tribunal (SAT) has been constituted to protect the interest of entities that feel aggrieved by SEBI’s decision.
      • SAT is a statutory body established under the provisions of the Securities and Exchange Board of India Act, 1992.
      • SAT consists of a Presiding Officer and two other Members.
      • It has the same powers as vested in a civil court.
      • If any person feels aggrieved by SAT’s decision or order can appeal to the Supreme Court.
      • SEBI has restructured its advisory committee on market data that recommends policy measures pertaining to areas like securities market data access and privacy
      • The panel will now be chaired by S Sahoo, Professor at National Law University, Delhi and former chairperson, Insolvency and Bankruptcy Board of India (IBBI).
      • The 20-member committee was earlier headed by Madhabi Puri Buch, ex-whole-time member of SEBI.
      • Apart from S Sahoo, the panel has CEOs of stock exchanges and depositories, representatives of various stakeholders and senior officials of SEBI as members.

      Practice Next
      ask-question