Orders constituting Appellate Tribunal to be final and not to invalidate its proceedings.

15R. No order of the Central Government appointing any person as the ¹[Presiding Officer or a Member] of a Securities Appellate Tribunal shall be called in question in any manner, and no act or proceeding before a Securities Appellate Tribunal shall be called in question in any manner on the ground merely of any defect in the constitution of a Securities Appellate Tribunal.

1.  Substituted for "Presiding Officer", by the SEBI (Amendment) Act 2002, w.e.f. 29-10-2002.