Question
Who shall appoint employees of
SAT?Solution
As per s.155 of the SEBI Act Staff of the Securities Appellate Tribunal. (1) The Central Government shall provide the Securitied Appellate Tribunal with such officers and employees as that Government may think fit. (2) The officers and employees of the Securities Appellate Tribunal shall discharge their functions under general superintendence of the Presiding officer. (3) The salaries and allowances and other conditions of service of the officers and employees of the Securities Appellate Tribunal shall be such as may be prescribed. Central Government in consultation with the Chief Justice of India or his nominee. SAT employees appointment – discussed in class + present in course video+ same question present in section test
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