Securities And Exchange Board of India Act, 1992
Section - 15Q - Resignation and removal
Resignation and removal.15Q. (1) The [Presiding Officer or any other Member] of a Securities Appellate Tribunal may, by notice in writing under his hand addressed to the Central Government, resign his office :Provided that [the Presiding Officer or any other Member] shall, unless he is permitted by the Central Government to relinquish his office sooner, continue to hold office, until the expiry of three months from the date of receipt of such notice or until a person duly appointed as his successor enters upon his office or until the expiry of his term of office, whichever is the earliest.[(2) The Central Government may, after an inquiry made by the Judge of the Supreme Court, remove the Presiding Officer or Judicial Member or Technical Member of the Securities Appellate Tribunal, if he-
| (a) | - | is, or at any time has been adjudged as an insolvent; |
| (b) | - | has become physically or mentally incapable of acting as the Presiding Officer, Judicial or Technical Member; |
| (c) | - | has been .... To read the full section download the app from Google Play store
24 October 2026
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