Section 106: Appeal

1) Any stock exchange, securities business person, body corporate or concerned person dissatisfied with any punishment made by the Board pursuant to sub-sections (4), (5), (6) and (7) of Section 101 may file an appeal in the concerned Appellate Court within thirty-five days after the date of imposition of such a punishment.

2) Any person dissatisfied with any order or direction issued by the Board pursuant to Chapter 8 may file an appeal in the concerned Appellate Court within thirty-five days after the date of receipt of a notice of such order or direction.