Section 15MB. Search-cum-Selection Committee for appointment of Technical Members

15MB. Search-cum-Selection Committee for appointment of Technical Members .—(1) The Technical Members of the Securities Appellate Tribunal shall be appointed by the Central Government on the recommendation of a Search-cum-Selection Committee consisting of the following, namely:-- - (a) Presiding Officer, Securities Appellate Tribunal—Chairperson; (b) Secretary, Department of Economic Affairs—Member; 1. Subs. by Act 7 of 2017, s.148, for section 15L (w.e.f. 1-3-2017). 2. Subs. by s. 148, ibid ., for section 15M (w.e.f. 1-3-2017). (c) Secretary, Department of Financial Services—Member; and (d) Secretary, Legislative Department or Secretary, Department of Legal Affairs—Member. (2) The Secretary, Department of Economic Affairs shall be the Convener of the Search-cum-Selection Committee. (3) The Search-cum-Selection Committee shall determine its procedure for recommending the names of persons to be appointed under sub-section (1).