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Filling up the post of Member in Securities Appellate Tribunal, Mumbai on Contract Basis

Written By Ajit Kumar on Monday, January 12, 2015 | 4:08 AM



F. NO.3/5/2014-RE
MINISTRY OF FINANCE
DEPARTMENT OF ECONOMIC AFFAIRS
FINANCIAL MARKETS DIVISION
NORTH BLOCK
NEW DELHI.I IOOOI *****
Filling up the post of Member in Securities Appellate Tribunal, Mumbai on Contract
Basis

Applications are invited from eligible candidates for filing up one post of
Member in Securities Appellate Tribunal (SAT), Mumbai in the pay scale of Rs.80,000/-
(Fixed) as admissible to a secretary to the Government of lndia, on contract basis for a
maximum period of 5 years from the date on which she/ he assumes the office. NO
person shall hold office as a Member of the sAT after he has attained the age of 62
years.
2. The particulars of the post and eligibility conditions are given on the Ministry,s
website htto://fin m in. nic.inlvacancies deoutations/lndex.html under Department of
Economic Affairs. Applications of eligible candidates in the prescribed proforma
alongwith attested copies of Annual confidential Reports (AcR) for the last five years,
vigilance Clearance and No Penalty and lntegrity certificate (in respect of serving Govt.
servants and employees of PSUs, Academic and Research lnstitutions / universities etc.)
may be forwarded through proper channel to the undersigned within 45 days from the
date of this advertisement. lncomplete applications and applications received after the
last date will not be considered.
3. Applications may be sent to Director (RE), Room No.33 A, Financial Markets
Division, Department of Economic Affairs, Ministry of Finance, North Block, New Delhi-
110001.The cut-off date for receipt of applications is 5.12.2014.
Under Secretary to the Government of lndia)
Tel: 2309 5147
(Arun Sobti)



Annexure-l
1.Name of the Post : Member, Securities Appellate Tribunal (SAT), Mumbai
2. Number of the Post : 01 (one)
3. Scale of Pay: Rs. 80,OOO/- (fixed) as admissible to a Secretary to GOt
4. Mode of Appointment : On contract basis
5. Elieibilitv Conditions:
A person shall not be qualified for appointment as Member of SAT unless he is a
person of:
(1) Ability, integrity and standing who has shown capacity in dealing with problems
relating to securities market and has qualifications and experience of corporate
law, Securities law, finance, economics or accountancy;
(2) Shall hold offlce for a maximum term of 5 years from the date on which he
enters upon his office and shall be eligible for re- appointment;
(3) The salary and allowances payable to, and the other terms and conditions of
service (including pensions, gratuity and other retirement benefits of other
members of SAT) shall be as laid down in the SAT I Salaries, Allowances & Other
Terms & Conditions of PO& Members I Rules,2003.
Provided that:
No person shall hold office as a Member of the SAT after he has attained the
age of 62 years;
A member of the Securities & Exchange Board of tndia (SEBI) or any person
holding a post at senior management level equivalent to Executive Director
in the Board shall not be appointed as Member of SAT during his service or
tenure as such with the Board or within two years from the date on which he
ceases to hold office as such in the Board;
Neither the salary and allowances nor the other terms and conditions of service
of members of SAT shall be varied to their disadvantage after appointment.
3Annexure-ll
1. Name in Block Letters:
2. Father's/ Husband's Name:
3. Date of Birth:
4. Post Held & Pay Scale:
5. Date of regular appointment in the present post /pay Scale:
6. Nature of present appointment i.e. ad-hoc, temporary, deputation etc:
7. Details of experience (please enclose separate sheets, if necessary):
8. Educational Qualifications:
9. Please state whether you meet the requirements of the post:
10. Additional information, if any:

                                                                                          (Signature of the Applicant)
Date:
Place:
TO BE FITTED BY THE EMPTOYER
Certified that the particulars furnished by Shri/ Smt/
Kumari ----------------------------------------------------------------------- who is working as
--------------------------------------------------------------------------------in this organization are
correct and no vigilance case is pending/ contemplated against him/her.


                                                                                                    Signature:
                                                                                                    Designation:

(N.8. Application not received in the prescribed proforma will not be entertained)
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