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Tuesday, May 24, 2005

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New SAT members appointed

Special Correspondent

MUMBAI: The Central Government has appointed R. N. Bharadwaj, Chairman, Life Insurance Corporation of India (LIC), and Chandan Bhattacharya, former Managing Director of State Bank of India (SBI) as members of the Securities Appellate Tribunal (SAT), the capital market's appellate body. They will take charge on May 24. The two new members would fill up the vacancies of N. L. Lakhanpal, who retired on February 15, and B. Samal, who retired on March 1.

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