Salary and allowances and other terms and conditions of service of Presiding Officers

In force From 30 Jan 1992 Act 15 of 1992 As on 18 Oct 2026

Act 15 of 1992 Ministry Finance Enacted 04 Apr 1992 In force 30 Jan 1992

Section 15O of the Securities and Exchange Board of India Act, 1992 deals with salary and allowances and other terms and conditions of service of Presiding Officers. [15-O. Salary and allowances and other terms and conditions of service of Presiding Officers.-- The salary and allowances payable to, and the other terms and conditions of service (including pension, gratuity and other retirement benefits) of, the [Presiding Officer and other Members of a Securities The Act came into force on 30 Jan 1992.

¹[15-O. Salary and allowances and other terms and conditions of service of Presiding Officers.-- The salary and allowances payable to, and the other terms and conditions of service (including pension, gratuity and other retirement benefits) of, the ²[Presiding Officer and other Members of a Securities Appellate Tribunal] shall be such as may be prescribed:
Provided that neither the salary and allowances nor the other terms and conditions of services of the ³[Presiding Officer and other Members of a Securities Appellate Tribunal] shall be varied to their disadvantage after appointment.]
Section 15O, The Securities and Exchange Board of India Act, 1992 (Act 15 of 1992).

Questions about Section 15O

What does Section 15O of the Securities and Exchange Board of India Act deal with?

Section 15O of the Securities and Exchange Board of India Act is headed "Salary and allowances and other terms and conditions of service of Presiding Officers". [15-O. Salary and allowances and other terms and conditions of service of Presiding Officers.-- The salary and allowances payable to, and the other terms and conditions of service (including pension, gratuity and other retirement benefits) of, the [Presiding Officer and other Members of a Securities

How do I find court cases under Section 15O of the Securities and Exchange Board of India Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Sebi Act 15O, section 15O Sebi Act, section 15O of the Securities and Exchange Board of India Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

When did Section 15O of the Securities and Exchange Board of India Act come into force?

Section 15O of the Securities and Exchange Board of India Act, cited as Sebi Act 15O, came into force on 30 Jan 1992, having been enacted on 04 Apr 1992. It is in force as at the date shown on this page.

Other sections of this Act

11. Functions of Board1315 words
11C. Investigation1145 words
12. Registration of stock-brokers, sub-brokers, share transfer agents, etc678 words
28A. Recovery of amounts629 words
15U. Procedure and powers of the Securities Appellate Tribunal494 words
15D. Penalty for certain defaults in case of mutual funds464 words

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 18 Oct 2026. This page is not a substitute for legal advice.