Securities Appellate Tribunal (Recruitment) Rules, 2001. - F. No. 5/30/CM/95-G.S.R. 673(E). - SEBI

MINISTRY OF FINANCE (Department of Economic Affairs) CAPITAL MARKET DIVISION NOTIFICATION New Delhi, the 17th September, 2001 SECURITIES APPELLATE TRIBUNAL (RECRUITMENT) RULES, 2001 G.S.R. 673(E).- In exercise of the powers conferred by sub-section (3) of section 15S of the Securities and Exchange Board of India Act, 1992 (15 of 1992) the Central Government, hereby makes the following rules to regulate the method of recruitment to various posts in the office of the Securities Appellate Tribunal, namely:- 1. Short title and commencement.- (1) These rules may be called the Securities Appellate Tribunal (Recruitment) Rules, 2001. (2) They shall come into force on the date of their publication in the Official Gazette. 2. Definitions.- In these rules, unless the context otherwise requires.- (a) Act means the Securities and Exchange Board of India Act, 1992 (15 of 1992); (b) Appellate Tribunal means the Securities Appellate Tribunal established under sub-section (l) of section 15K of the Securities and Exchange Board of India Act. 1992 (15 of 1992); (c) Rules means the Securities Appellate Tribunal (Recruitment) Rules, 2001 (d) All other words and expressions used and not defined in these rules but defined in the Act shall have the meanings respectively assigned to them in the Act 3. Number of posts, classification and scale of pay.- The number of said posts, their classification and the scale or pay thereto shall be as specified in columns 2 to 4 of the Schedule annexed to these rules 4 Methods of recruitment, age limit, qualification, etc.- The methods of recruitment, age limit, qualification, and other matters relating to the said posts shall be as specified in columns 5 to 14 of the said Schedule 5 Initial Constitution.- The employees holding the posts mentioned in the Schedule to these rules in the Securities Appellate Tribunal, Mumbai on the date of commencement of these rules shall be deemed to have been appointed at the Initial Constitution stage of the said posts, if so opted within 30 days of publication of these rules. The services rendered by them before the publication of these rules shall count for the purpose of probation period, qualifying service for promotion, confirmation and pension. 6 Disqualifications.- No persons. (a) who has entered into or contracted a marriage with a person having a spouse living, or (b) who, having a spouse living, has entered into or contracted a marriage with any other person, shall be eligible for appointment to the said posts Provided that the Central Government may, if satisfied that such marriage is permissible under the personal law applicable to such person and the other party to the marriage and that there are other grounds for so doing, exempt any person from the operation of this rule 7 Power to relax.- Where the Central government is of the opinion that it is expedient or necessary so to do, it may by order and for reasons to be recorded in writing relax any of the provisions of these rules with respect to any class or category of persons 8 Saving.- Nothing in these rules shall affect reservations, relaxation of age limit and other concessions required to be provided for the Scheduled Castes, the Scheduled Tribes, Ex-servicemen and other special categories of persons in accordance with the orders issued by the Government of India from time to time in this regard. SCHEDULE Name of the post Number of post Classification Scale of pay Whether selection-cum-seniority or selection by merit or non-selection post 1 2 3 4 5 1. Registrar 1(one)* (2001) *Subject to variation dependent on work-load General Central Service, Group A , Gazetted Non-Ministerial Rs.12000-375-16500 Not applicable Whether benefit of added years of service admissible under rule 30 of the Central Civil Services (Pension) Rules, 1972 Age limit for direct recruits Educational and other qualifications required for direct recruits Whether age and educational qualifications prescribed for direct recruits will apply in the case of promotees 6 7 8 9 Not applicable Not applicable Not applicable Not applicable Period of probation, if any Method of recruitment, whether by direct recruitment or by promotion/ deputation/ absorption percentage of the post to be filled by various methods In case of recruitment by promotion/ deputation/absorption, grades from which promotion/deputation/absorption to be made If a Departmental Promotion Committee exists, what is its composition Circumstances in which Union Public Service Commission is to be consulted in making recruitment 10 11 12 13 14 No By deputation/ absorption Deputation /absorption from amongst the Central Government/State Government officers of the Courts/Tribunals holding: (i) Analogous posts; or (ii) posts of Assistant Registrar/Assistant Legal Advisor in the pay scale of 10000-325-15200 or equivalent with 3 years regular service. Note :- Period of deputation including period of deputation in another ex-cadre post held immediately preceding the appointment in the same or any other Organisation/Department of Central Government should ordinarily not exceed 3 years. The maximum age limit for deputation shall be 56 years on the last date of receipt of applications. Not applicable Not applicable 1 2 3 4 5 2 Private Secretary 1 (one)* (2001) *Subject to variation dependent on work- load. General Central Service, Group B , Non- Ministerial. Rs.6500-200-10500 Not applicable 6 7 8 9 Not applicable Not applicable Not applicable Not applicable 10 11 12 13 14 2 years By deputation/ absorption Deputation/absorption from amongst the Central Government/State Government/and officers of the Courts/Tribunals holding (i) Analogous posts; or (ii) Posts of Stenographer Grade C in the pay scale of 5500-175-9000 or equivalent with 3 years regular service or Posts of Stenographer Grade D in the pay scale of 4000-100-6000 or equivalent With 7 years regular service in the grade Note :- Period of deputation including period of deputation in another ex-cadre post held immediately preceding the appointment in the same or any other Organisation/ Department of Central Government should ordinarily not exceed 3 years. The maximum age limit for deputation shall be 56 years on the last date of receipt of applications Not applicable Not applicable 1 2 3 4 5 3 Hindi Translator 1 (one)* (2001) *Subject to variation dependent on workload. General Central Service, Group C Non-Gazetted Non-Ministerial Rs.5000-150-8000 Not applicable 6 7 8 9 Not applicable 28 years (Relaxable for Government Servants upto 35 years in accordance with the instructions or orders issued by the Central Government) Note : The crucial date for determining the age limit will in each case be the closing date for receipt of applications from candidates in India (other than in Andaman and Nicobar Islands and Lakshadweep). In respect of posts, the appointments to which are made through the Employment Exchange, the crucial date for determining the limit, in each case, will be the last date upto which the employment exchange is asked to submit the names. Master s degree of a recognised University in Hindi/English, with English/Hindi as a compulsory/ elective subject or as medium of examination at degree level. OR Master s degree of recognised University in any subject other than Hindi/English, with Hindi and English as compulsory subjects or either of the two as medium of Examination and the other as a compulsory/elective subject at degree level. OR Master s degree of a recognised University in any subject other than Hindi/English. with Hindi, English medium and English/Hindi as a compulsory subject or as medium of Examination at degree level OR Bachelor s degree of a recognised University with Hindi and English as compulsory/elective subjects or either of the two as medium of examination and the other as compulsory/elective subject, plus a recognised Diploma/ Certificate course in Translation from Hindi or English and vice- versa in Central/State Government offices including Government of India Undertaking. Not applicable 10 11 12 13 14 2 years By deputation/ absorption failing which by direct recruitment through Staff Selection Commission or Local Employment Exchange. Deputation /absorption from amongst the Central Government/State Government /State Government and employees of the Courts/ Tribunals holding: (a)(i) Analogous posts, or (ii) posts in the pay scale of 4000-6000 or equivalent with 3 years regular service in the grade, or in the pay scale of 3050-75-3950-80-4590, or equivalent with 5 years regular service in the grade; (b) possessing educational and other qualification laid down in column 8 for direct recruits. Note :- Period of deputation including period of deputation in another ex-cadre post held immediately preceding the appointment in the same or any other Organisation/Department of Central Government should ordinarily not exceed 3 years. The maximum age limit for deputation shall be 56 years on the last date of receipt of applications. Not applicable Not applicable 1 2 3 4 5 4. Upper Division Clerk 1 (one)* (2001)* Subject to variation dependent on workload. General Central Service, Group C , Non-Gazetted Non-Ministerial Rs.4000-100-6000 Non-selection 6 7 8 9 Not applicable Not applicable Not applicable Not applicable 10 11 12 13 14 No 100% by promotion, failing which by deputation/ absorption Promotion from amongst Lower Division Clerks of Securities Appellate Tribunal with 8 years regular service. Deputation/absorption From amongst the Central Government/State Government employees of the Courts/tribunals holding: (i) Analogous posts on regular basis; or (ii) Posts of Lower Division Clerks with 8 years regular service in the scale of 3050-75-3950-80-4590 or equivalent Note :- Period of deputation including period of deputation in another ex-cadre post held immediately preceding the appointment in the same or any other Organisation/ Department of Central Government should ordinarily not exceed 3 years. The maximum age Limit for deputation shall be 56 years on the last date of receipt of applications. Registrar - Chairman Private Secretary-Member Another officer from Government of India holding a post in the scale of pay not less than that of Private Secretary, Securities Appellate Tribunal-Member Not applicable 1 2 3 4 5 5 stenographer Grade D 1(one)* (2001) *Subject to variation dependent on workload. General Central Service, Group C , Non-Gazetted Non-Ministerial Rs.4000-100-6000 Not applicable 6 7 8 9 Not applicable 18 to 25 years (27 years in the case of selection through Staff Selection Commission.) Relax- able for Government Servants upto 35 years in accordance with the instructions or orders issued by the Central Government). Note : The crucial date for determining the age limit will in each case be the closing date for receipt of applications from candidates in Indra [other than in Andaman and Nicobar Islands and Lakshadweep.] In case recruitment is made through the Employment Exchange, the crucial date for determining the age limit, in each case, will be the date upto which the employment exchange is asked to submit the names. Matriculation or its equivalent Stenography speed of 80 words per minute and typewriting speed of 40 words per minute. Not applicable 10 11 12 13 14 2 years By deputation/ absorption failing which by direct recruitment through Staff Selection Commission or Local Employment Exchange. Deputation/absorption from amongst the Central Government/State Government/and employees of the Courts/ Tribunals holding : (a) (1) Analogous posts; or (ii) posts of Lower Division Clerks with 8 years regular service in the pay scale of 3050-75-3950-80-4590, or equivalent and possessing educational and other qualification laid down in column 8 for direct recruits. Note:- Period of deputation including period of deputation in another ex-cadre post held immediately preceding the appointment in the same or any other Organisation/Department of Central Government should ordinarily not exceed 3 years. The maximum age limit for deputation shall be 56 years on the last date of receipt of applications. Registrar-Chairman Private Secretary-Member Another officer from Government of India holding a post in the scale of pay not less than that of Private Secretary, Securities Appellate Tribunal -Member. Not applicable 1 2 3 4 5 6. Lower Division Clerk 1 (one)* (2001) *Subject to variation dependent on workload. General Central Service, Group C , Non-Gazetted Non-Ministerial. Rs.3050-75-3950-80-4590 Not applicable 6 7 8 9 Not applicable 18 to 25 years. (27 years in the case of selection through Staff Selection Commission (Relaxable for Government Servants upto 35 years in accordance with the instructions or orders issued by the Central Government) Note: The crucial date for determining the age limit will in each case be the closing date for receipt of applications from candidates in India [other than in Andaman and Nicobar Islands and Lakshadweep.] In case recruitment is made through the Employment Exchange, the crucial date for determining the age limit, in each case, will be the last date upto which the employment exchange is asked to submit the names. Essential: Matriculation or its equivalent examination. Type- writing speed of 30 words per minute. Desirable: Acquaintance with word processing. Note: Physically handicapped persons who are otherwise qualified to hold a clerical post but does not possess the said qualifications in typewriting may be appointed subject to the condition that the Medical Board attached to the Employment change for handicapped or where there is no such Board, the Civil Surgeon certified that the said handicapped person is not fit condition to be able to type Not applicable 10 11 12 13 14 2 years Promotion failing which by deputation/ absorption falling both by direct recruitment through Staff Selection Commission or Local Employment Exchange 1 (a) Promotion from amongst the Group D staff. 2. Transfer on deputation/absorption State Government and employees of the Courts/ Tribunals holding analogous posts Note: - Period of deputation including period of deputation in another ex-cadre post held immediately proceeding the appointment in the same or any other Organisation /Department of Central Government should ordinarily not exceed 3 years. The maximum age limit for deputation shall be 56 years on the last date of receipt of applications. Registrar- Chairman Private Secretary - Member Another officer from Government of India holding a post in the scale of pay not less than that of Private Secretary, Securities Appellate Tribunal - Member Not applicable 1 2 3 4 5 7 Staff Car Driver (Ordinary Grade) 1(one)* (2001) *Subject to variation dependent on workload. General Central Service Group C Non-Gazetted, Non-Ministerial Rs.3050-75-3950-80-4590 Not applicable Not applicable 7 8 9 10 11 18 and 25 years. (Relaxable for Government Servants upto 35 years in accordance with the instructions or orders issued by the Central Government). Note : The crucial date for determining the age limit will in each case be the closing date for receipt of applications from candidates in India [other than in Andaman and Nicobar Islands and Lakshadweep.] In case recruitment is made through the Employment Exchange, the crucial date for determining the age limit, in each case, will be the last date upto which the employment exchange is asked to submit the names 1 VIII standard pass with fair, knowledge of Hindi/Regional Language. 2. Holding valid driving licence with 3 years experience in driving light vehicles. Age- 45 years (Maximum) Educational qualifications and experience as mentioned in Column 8. 2 years By promotion falling which by deputation/absorption or by direct recruitment 12 13 14 1. Promotion from amongst Group D employees with 3 years of regular service and possessing qualifications as in Column 8 2 Deputation/absorption from amongst the Central Government/State Government and employees of the Courts/Tribunals holding analogous posts. Note- Period or deputation including the of deputation in another ex-cadre post held immediately preceding the another ex-cadre post held immediately preceding the appointment in the same or any other organisation/department of Central Government should ordinarily not exceed 3 years. The maximum age limit for deputation shall be 56 years on the last date of the receipt of applications Registrar-Chairman Private Secretary Member Another officer from Government of India holding a post in the scale of pay less than that of Private Secretary, Securities Appellate Tribunal Member Not applicable 1 2 3 4 5 6 8 Jamadar 1 (one)* (2001) * Subject to variation dependent on workload General Central Service Group D Non-Gazetted, Non-Ministerial Rs.2610-60-3150-65-3540 Non-selection Not applicable 7 8 9 10 11 18 to 25 years (Relaxable for Government Servant upto 35 years in accordance with the instructions or orders issued by the Central Government) Note:- The crucial date for determining the age limit will in each case be the closing for receipt of applications from candidates in India [other than in Andaman and Nicobar Islands and Lakshadweep]. In case recruitment is made through the Employment Exchange, the crucial date for determining the age limit, in each case, will be the last date upto which the employment exchange is asked to submit the names. VIII standard pass Not applicable 2 years By promotion failing which by deputation/absorption. 12 13 14 1 By promotion from Peons with at least 3 years of regular service and have passed VIII standard 2 Deputation/absorption from amongst the Central Government/State Government and employees of the Courts/Tribunals holding analogous posts Note:-( Period of deputation including period of deputation in another ex-cadre post held immediately preceding the another ex-cadre post held immediately proceeding the appointment in the same or any other Organisation/Department of Central Government should ordinarily not to exceed 3 years. The maximum age limit for deputation shall be 56 years on the last date of the receipt of applications). Group D Departmental Promotion Committee Not applicable 1 2 3 4 5 6 9 Peon/ Farash 1(one)* (2001) *Subject to variation dependent on workload. General Central Service Group D , Non -Gazetted, Non-Ministerial Rs.2550-55-2660-60-3200 Not applicable Not applicable 7 8 9 10 11 18 to 25 years. (Relaxable for Government Servants upto 35 years in accordance with the Instructions or orders issued by the Central Government) Note: The crucial date for determining the age limit Will in each case be the closing date for receipt of application from candidates m India [other than in Andaman and Nicobar Islands and Lakshadweep.] In case recruitment is made through the Employment Exchange, the crucial date for determining the age limit, in each case, will be the last date upto which the employment exchange is asked to submit the names. VIII Standard pass Not applicable 2 years By deputation/absorption falling which by direct recruit through Local Employment Exchange 12 13 14 Deputation [absorption from amongst the Central Government/State Government and employees of the Courts/Tribunals holding the post of Peon. Not applicable Not applicable [F. No. 5/30/CM/95] J BHAGWATI Jt. Secy.