Appointment of Presiding Officer under section 15MA establishes fixed-term statutory tenure with age and tenure limits. 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.