Question
In the event of occurrence of any vacancy in the office
of the Presiding Officer of the Securities Appellate Tribunal by reason of his death, resignation or otherwise ……………….. will act as Presiding OfficerSolution
Section 15PA of SEBI Act 15PA. Member to act as Presiding Officer in certain circumstances—In the event of occurrence of any vacancy in the office of the Presiding Officer of the Securities Appellate Tribunal by reason of his death, resignation or otherwise, the senior-most Judicial Member of the Securities Appellate Tribunal shall act as the Presiding Officer until the date on which a new Presiding Officer is appointed in accordance with the provisions of this Act.
Under the Indian Contract Act, which of the following statements correctly describes when the consideration or object of an agreement is considered unla...
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