Justice PS Dinesh Kumar, former Chief Justice, High Court of Karnataka, has been appointed as the presiding officer of the Securities Appellate Tribunal (SAT).
- A SAT bench is supposed to consist of three members that includes a presiding officer and a technical member.
- At least one judicial member is required to pronounce a final order.
- Securities Appellate Tribunal is a statutory body established under the provisions of Section 15K of the Securities and Exchange Board of India Act, 1992.
- SAT hears appeals against orders passed by the Securities and Exchange Board of India, the Insurance Regulatory and Development Authority of India and the Pension Fund Regulatory and Development Authority.
