{"id":1550,"date":"2026-08-03T06:30:38","date_gmt":"2026-08-03T06:30:38","guid":{"rendered":"https:\/\/materials.simplycurrentaffairs.com\/?p=1550"},"modified":"2026-08-10T06:32:29","modified_gmt":"2026-08-10T06:32:29","slug":"securities-appellate-tribunal-3","status":"publish","type":"post","link":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/2026\/08\/03\/securities-appellate-tribunal-3\/","title":{"rendered":"Securities Appellate Tribunal"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-green-cyan-color\"><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>Securities Appellate Tribunal<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/mark><\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\"><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>About<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/mark><\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Securities Appellate Tribunal (SAT) is a <strong>statutory body<\/strong> established under the<strong> Securities and Exchange Board of India Act, 1992 <\/strong>to <strong>hear and dispose of appeals<\/strong> against orders passed by <strong>SEBI<\/strong> or by an <strong>adjudicating officer under the Act.<\/strong>\u00a0<\/li>\n\n\n\n<li>SAT also hears and disposes of appeals against orders passed by the <strong>Pension Fund Regulatory and Development Authority (PFRDA)<\/strong> and the<strong> Insurance Regulatory Development Authority of India (IRDAI).<\/strong>\u00a0<\/li>\n\n\n\n<li>The Tribunal will have the <strong>same powers as vested in a civil court <\/strong>while trying a suit.\u00a0<\/li>\n\n\n\n<li>SAT has only one bench which sits at <strong>Mumbai.<\/strong><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"412\" height=\"99\" src=\"https:\/\/materials.simplycurrentaffairs.com\/wp-content\/uploads\/2026\/08\/image-4.png\" alt=\"\" class=\"wp-image-1551\" srcset=\"https:\/\/materials.simplycurrentaffairs.com\/wp-content\/uploads\/2026\/08\/image-4.png 412w, https:\/\/materials.simplycurrentaffairs.com\/wp-content\/uploads\/2026\/08\/image-4-300x72.png 300w\" sizes=\"auto, (max-width: 412px) 100vw, 412px\" \/><\/figure>\n\n\n\n<h4 class=\"wp-block-heading\"><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">Composition:<\/mark><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>SAT consists one<strong> Presiding Officer<\/strong> and such number of<strong> Judicial and Technical Members<\/strong> as the<strong> Central Government<\/strong> may determine.\u00a0<\/li>\n\n\n\n<li>The person so appointed as the <strong>Presiding Officer<\/strong> should meet with the <strong>following requirements<\/strong>:\u00a0\u00a0\n<ul class=\"wp-block-list\">\n<li>The retired or sitting <strong>Judge of the Supreme Court;<\/strong>\u00a0<\/li>\n\n\n\n<li>The retired or sitting <strong>Chief Justice of a High Court;\u00a0<\/strong>\u00a0<\/li>\n\n\n\n<li>The retired or sitting <strong>Judge of High Court<\/strong>, who has completed <strong>at least seven years of service<\/strong> as a Judge in a High Court.\u00a0<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>The<strong> tenure<\/strong> for Presiding Officer and Members will be <strong>five years<\/strong> from the date of appointment or re-appointment.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\"><strong>Appeal:<\/strong><\/mark><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Every person aggrieved by any order or decision of Securities Appellate Tribunal can file an <strong>appeal to the supreme court.<\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Securities Appellate Tribunal About Composition: Appeal:<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44],"tags":[],"class_list":["post-1550","post","type-post","status-publish","format-standard","hentry","category-organisations"],"_links":{"self":[{"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/posts\/1550","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/comments?post=1550"}],"version-history":[{"count":1,"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/posts\/1550\/revisions"}],"predecessor-version":[{"id":1552,"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/posts\/1550\/revisions\/1552"}],"wp:attachment":[{"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/media?parent=1550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/categories?post=1550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/tags?post=1550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}