Appeal to Securities Appellate Tribunal
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....er, ^2[or by an order made by an adjudicating officer under this Act] may prefer an appeal to a Securities Appellate Tribunal having jurisdiction in the matter. (2) ^3[****] (3) Every appeal under sub-section (1) shall be filed within a period of forty-five days from the date on which a copy of the order made by the Board is received by the person referred to in sub-section (1) and it s....
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....y it as expeditiously as possible and endeavour shall be made by it to dispose of the appeal finally within six months from the date of receipt of the appeal. ***************** NOTES:- 1. Inserted vide Section 15 of the Securities Laws (Second Amendment) Act, 1999, w.e.f. 16-12-1999. 2. Inserted vide Section 20 of the Securities La....
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