Question

    Appeal filed before Securities Appellate Tribunal shall

    be tried to disposed of within a period of
    A 1 year Correct Answer Incorrect Answer
    B six months Correct Answer Incorrect Answer
    C nine months Correct Answer Incorrect Answer
    D 2 years Correct Answer Incorrect Answer
    E 3 years Correct Answer Incorrect Answer

    Solution

    Section 23A of Depositories Act (6) The appeal filed before the Securities Appellate Tribunal under sub-section (1) shall be dealt with by it as expeditiously as possible and endeavour shall be made by it to dispose of the appeal finally within six months from the date of receipt of the appeal.

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