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Core Purpose

Appoints Justice Mayank Kumar Jain as Judicial Member of Securities Appellate Tribunal.

Detailed Summary

The Central Government, exercising powers under the Tribunals Reforms Act, 2021 and Tribunal (Conditions of Service) Rules, 2021, appoints Justice Mayank Kumar Jain, former Judge of the High Court of Allahabad, as Judicial Member of the Securities Appellate Tribunal. The appointment is effective from the date of joining for a term of four years, until he attains the age of sixty-seven years, or until further orders, whichever occurs first. His salary will be Rs. 2,25,000/- per month.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-03012025-259891 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 27] NEW DELHI, FRIDAY, JANUARY 3, 2025/PAUSHA 13, 1946 MINISTRY OF FINANCE (Department of Economic Affairs) (FINANCIAL MARKETS DIVISION) NOTIFICATION New Delhi, the 3rd January, 2025 S.O. 29(E).β€”In exercise of powers conferred by Sub-section (2) of Section 3 and clause (ii) of section 5 of the Tribunals Reforms Act, 2021 (33 of 2021) read with clause (b) of sub-rule (7) of rule 3 and sub-rule (2) of rule 10 of Tribunal (Conditions of Service) Rules, 2021 the Central Government hereby appoints Justice Mayank Kumar Jain, Former Judge, High Court of Allahabad, as Judicial Member of the Securities Appellate Tribunal in the salary of Rs. 2,25,000/- p.m. for a period of four (04) years from the date of joining or till attaining the age of sixty-seven (67) years, or until further orders, whichever is earlier. [F. No. 3/7/2017-RE] SURBHI JAIN, Jt. Secy.

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