(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.