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SAT gets new presiding officer, technical member - The Hindu BusinessLine

SAT gets new presiding officer, technical member - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Absence of full bench mars SAT s functioning - The Hindu BusinessLine

Absence of full bench mars SAT s functioning - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Work likely to get affected as SAT now has only one member

The functioning of SAT which hears appeals against orders by the capital markets regulator is likely to be affected after the retirement of the presiding officer. SAT has a sanctioned strength of three judges. The lack of a presiding officer will lead to an increase in litigation as appeals filed before SAT against adjudication orders passed by Sebi will remain pending, said securities lawyers.

Work likely to get affected as SAT now has only one member

The functioning of SAT which hears appeals against orders by the capital markets regulator is likely to be affected after the retirement of the presiding officer. SAT has a sanctioned strength of three judges. The lack of a presiding officer will lead to an increase in litigation as appeals filed before SAT against adjudication orders passed by Sebi will remain pending, said securities lawyers.

Satyam Computer Services: SAT Sets Aside SEBI s Revised Order; Asks WTM To Relook the Case Afresh

Setting aside revised orders passed by the Securities and Exchange Board of India (SEBI) against erstwhile promoters and others in the infamous Rs9,000-crore Satyam Computer Services fraud, the Securities Appellate Tribunal (SAT) directed the whole-time member (WTM) of SEBI to relook the whole issue afresh.

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