Securities Appellate Tribunal (SAT)

byPaytm Editorial TeamFebruary 6, 2026

Meaning

The Securities Appellate Tribunal is a crucial body for dispute resolution in India’s financial regulatory landscape.

Definition

SAT is a statutory body established under the Securities and Exchange Board of India Act, 1992. It hears appeals against orders passed by the Securities and Exchange Board of India (SEBI), the Pension Fund Regulatory and Development Authority (PFRDA), and the Insurance Regulatory and Development Authority of India (IRDAI).

Jurisdiction

It primarily covers appeals from decisions related to securities market regulation, pension funds, and insurance matters.

Purpose

Its aim is to provide an independent, specialized, and expeditious forum for resolving disputes in these sectors, ensuring fairness and accountability in the regulatory process.

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.