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<h1>New Member Appointed to Securities Appellate Tribunal in Mumbai for Five-Year Term, Subject to Age Limit of 62.</h1> The Central Government has appointed an individual as a Member of the Securities Appellate Tribunal in Mumbai for a term of five years, starting from the morning of February 20, 2013. This appointment is subject to the condition that it will end earlier if the individual reaches the age of 62 before the completion of the five-year term. This decision is made under the authority of the Securities and Exchange Board of India Act, 1992, as per the notification issued by the Ministry of Finance's Department of Economic Affairs.