Answer-Which Tribunal has been constituted to protect the interest of entities that feel aggrieved by SEBI&...

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Securities Appellate Tribunal SAT has been constituted to protect the interest of entities that feel aggrieved by SEBIrsquos 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 SATrsquos 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.

Which Tribunal has been constituted to protect the interest of entities that feel aggrieved by SEBI’s decision?

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