Foreign Exchange Management Act, 1999
20. Composition of Appellate Tribunal
(1) The Appellate Tribunal shall consist of a Chairperson and
such number of Members as the Central Government may deem fit.
(2) Subject to the provisions of this Act,-
1. the jurisdiction of
the Appellate Tribunal may be exercised by Benches thereof;
2. a Bench may be constituted
by the Chairperson with one or more Members as the Chairperson may deem fit;
3. the Benches of the
Appellate Tribunal shall ordinarily sit at New Delhi and at such other places
as the Central Government may, in consultation with the Chairperson, notify;
4. the Central
Government shall notify the areas in relation to which each Bench of the
Appellate Tribunal may exercise jurisdiction.
(3) Notwithstanding anything contained in sub-section (2), the
Chairperson may transfer a member from one Bench to another Bench.
(4) If at any stage of the hearing of any case or matter it
appears to the Chairperson or a Member that the case or matter is of such a
nature that it ought to be heard by a Bench consisting of two Members, the case
or matter may be transferred by the Chairperson or, as the case may be,
referred to him for transfer, to such Bench as the Chairperson may deem fit.