Securities and Exchange Board of India Act, 1992 · Chapter VIB: Establishment, Jurisdiction, Authority and Procedure of Securities Appellate Tribunal
Section 15MB: Search-cum-Selection Committee for appointment of Technical Members
(1) The Technical Members of the Securities Appellate Tribunal shall be appointed by the Central Government on the recommendation of a Search-cum-Selection Committee consisting of the following, namely:—
(a) Presiding Officer, Securities Appellate Tribunal-Chairperson;
(b) Secretary, Department of Economic Affairs-Member;
(c) Secretary, Department of Financial Services-Member; and
(d) Secretary, Legislative Department or Secretary, Department of Legal Affairs-Member.
(2) The Secretary, Department of Economic Affairs shall be the Convener of the Search-cumSelection Committee.
(3) The Search-cum-Selection Committee shall determine its procedure for recommending the names of persons to be appointed under sub-section (1).]
Source: India Code (indiacode.gov.in), the consolidated text published by the Legislative Department, Government of India. Text as updated on India Code on 14 October 2026. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.
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