The presiding officer of the Securities and Appellate Tribunal (SAT) retired leaving the quasi-judicial bench with only one judge and potentially affecting the functioning of the tribunal that hears appeals against orders by the capital markets regulator. SAT has a sanctioned strength of three judges.
Jitendra Motwani, Partner, Economic Laws Practice (ELP) talks to Rajesh Mascarenhas from The Economic Times in the article “Work likely to get affected as SAT now has only one member” about the appointment of the presiding officer.
