Question

    Within what time frame must an appeal must be filed

    after receiving a copy of the order from the Board, adjudicating officer, Insurance Regulatory and Development Authority, or Pension Fund Regulatory and Development Authority as per the SEBI Act?
    A Within 30 days of receiving the copy of the order Correct Answer Incorrect Answer
    B Within 60 days of receiving the copy of the order Correct Answer Incorrect Answer
    C Within 90 days of receiving the copy of the order Correct Answer Incorrect Answer
    D Within 45 days of receiving the copy of the order Correct Answer Incorrect Answer
    E Within 15 days of receiving the copy of the order Correct Answer Incorrect Answer

    Solution

    Section 15T. Appeal to the Securities Appellate Tribunal: (3) Every appeal under sub-section (1) shall be filed within a period of forty-five days from the date on which 9[a copy of the order made by the Board or the adjudicating officer or the Insurance Regulatory and Development Authority or the Pension Fund Regulatory and Development Authority as the case may be, is received by him and it shall be in such form and be accompanied by such fee as may be prescribed.

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