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        SEBI

        Section 15-O - Salary and allowances and other terms and conditions of service of Presiding Officers

        Securities and Exchange Board of India Act, 1992
        Chapter VIB
        ESTABLISHMENT, JURISDICTION, AUTHORITY AND PROCEDURE OF SECURITIES APPELLATE TRIBUNAL

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        Presiding officer remuneration protection: prescribed salary, allowances and retirement benefits cannot be varied to their disadvantage after appointment. Salary, allowances and retirement benefits for the Presiding Officer and other Members are to be prescribed, including pension, gratuity and other terms and conditions of service; and neither the salary, allowances nor other terms and conditions of service may be varied to their disadvantage after appointment.
                      Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                        Provisions expressly mentioned in the judgment/order text.

                            Presiding officer remuneration protection: prescribed salary, allowances and retirement benefits cannot be varied to their disadvantage after appointment.

                            Salary, allowances and retirement benefits for the Presiding Officer and other Members are to be prescribed, including pension, gratuity and other terms and conditions of service; and neither the salary, allowances nor other terms and conditions of service may be varied to their disadvantage after appointment.


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