Appeal fee requirement for securities tribunal appeals establishes tiered charges based on penalty level, payable by demand draft to Registrar. Every memorandum of appeal to the Securities Appellate Tribunal must be accompanied by a prescribed fee remitted by crossed demand draft to the Registrar at the registry station. A tiered fee schedule applies to appeals against adjudication orders under Chapter VIA-distinct bands for smaller penalties, an intermediate fixed fee, and a graduated fee for larger penalties subject to a maximum cap-while a separate fixed fee applies to other appeals under the Act.
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Provisions expressly mentioned in the judgment/order text.
Appeal fee requirement for securities tribunal appeals establishes tiered charges based on penalty level, payable by demand draft to Registrar.
Every memorandum of appeal to the Securities Appellate Tribunal must be accompanied by a prescribed fee remitted by crossed demand draft to the Registrar at the registry station. A tiered fee schedule applies to appeals against adjudication orders under Chapter VIA-distinct bands for smaller penalties, an intermediate fixed fee, and a graduated fee for larger penalties subject to a maximum cap-while a separate fixed fee applies to other appeals under the Act.
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