Rule 9 - Payment of Fees - Securities Contracts (Regulation) (Appeal To Securities Appellate Tribunal) Rules, 2000

Payment of Fees 9. (1) Every memorandum of appeal shall be accompanied with a fee as provided in sub-rule (2) and such fee may be remitted in the form of crossed demand draft drawn on any nationalized bank in favour of the Registrar, Securities Appellate Tribunal payable at the station where the registry is located. (2) The amount of fee payable in respect of appeal against adjudication orders made under the Act shall be as follows : TABLE Serial No. Amount of Penalty Imposed Amount of fees payable (1) (2) (3) (i) Less than rupees ten thousand 500 (ii) Rupees ten thousand or more but less than one lakh 1200 (iii) Rupees one lakh or more 1200 plus 500 for every additional one lakh of penalty or fraction thereof subject to a maximum of 1,50,000.