Appeal procedure for orders under collective investment scheme regulations now requires statutory appellate review in a designated appellate forum. Any person aggrieved by an order of the Board made after the legislative amendment may prefer an appeal to the Securities Appellate Tribunal having jurisdiction in the matter, thereby establishing a statutory appellate channel for review of orders under the Collective Investment Schemes regulations; this replaces the earlier entitlement to appeal specified enforcement orders to the Central Government, including suspension or cancellation of registration and directions under the enforcement provision.