Section 54, National Capital Territory of Delhi Laws (Special provisions) Second Act, 2011 [S25-XH6]
As at 6 September 2026. In force from 1 December 2011.
54. Appeal.—(1) Any person aggrieved by an order of the Board under this Act may, within forty-five days from the date on which the order is communicated to him, prefer an appeal to the Securities Appellate Tribunal in such form and accompanied by such fee as may be prescribed. (2) The appellate authority may, after giving the appellant an opportunity of being heard, confirm, modify or set aside the order appealed against. (3) No appeal shall lie under this section against an order made with the consent of the parties.
Defined terms in this text (2)
Board: Section 2, National Capital Territory of Delhi Laws (Special provisions) Second Act, 2011 [S25VX6] (In this Act, unless the context otherwise requires,—): "Board" means the Securities and Exchange Board of India established under section 3 of the Securities and Exchange Board of India Act, 1992 (15 of 1992)
Board: 279 more definitions.
securities: Section 2, National Capital Territory of Delhi Laws (Special provisions) Second Act, 2011 [S25VX6] (In this Act, unless the context otherwise requires,—): "securities" has the meaning assigned to it in clause (h) of section 2 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956)
securities: 13 more definitions.
Made under this section, or naming it (0)
none
Cited by (1)
Section 57, National Capital Territory of Delhi Laws (Special provisions) Second Act, 2011 [S25-XMC], 1 December 2011, Band A. "section 54".
Not held (0)
none
Duties published under this section (0)
none