Question

What does Section 15K of the relevant Act state

Q: Answer-What does Section 15K of the relevant Act state regarding the establishment of the Securities Appell...

Section 15K. Establishment of Securities Appellate Tribunals 1 The Central Government shall, by notification, establish a Tribunal to be known as the Securities Appellate Tribunal to exercise the jurisdiction, powers and authority conferred on it by or under this Act or any other law for the time being in force.2 The Central Government shall also specify in the notification referred to in sub-section 1, the matters and places in relation to which the Securities Appellate Tribunal may exercise jurisdiction.

regarding the establishment of the Securities Appellate Tribunal?

A The SAT is established to regulate securities markets directly

B The SAT is established through notification by the Central Government to adjudicate securities-related disputes

C The SAT is established to oversee corporate governance standard

D The SAT has the authority to impose financial penalties on stock exchanges without appeal

E The SAT is empowered to define new securities laws

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What does Section 15K of the relevant Act state

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