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<h1>Appointment of Presiding Officer under section 15MA establishes fixed-term statutory tenure with age and tenure limits.</h1> Appointment under section 15MA of the Securities and Exchange Board of India Act, 1992 names Justice Tarun Agarwal as Presiding Officer of the securities appellate forum on a fixed remuneration scale, for a five-year period from assumption of charge, subject to cessation upon reaching the prescribed upper age limit or earlier administrative order.