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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.

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Government appoints former Karnataka High Court Chief Justice PS Dinesh Kumar as SAT chief

According to rules, the presiding officer of the tribunal should constitute a bench with two or more judicial or technical members. However, every bench should include at least one judicial and one technical member. ....

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

Absence of full bench mars SAT's functioning - The Hindu BusinessLine
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SAT refuses to interfere with Sebi's interim order on Brightcom

The Securities Appellate Tribunal refuses to interfere with Sebi s interim order restraining Shankar Sharma from selling Brightcom Group s shares. ....

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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. ....

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