Chapter XXVII — NATIONAL COMPANY LAW TRIBUNAL AND APPELLATE TRIBUNAL

Section 411Qualifications of Chairperson and members of Appellate Tribunal

Section 411: Qualifications of Chairperson and members of Appellate Tribunal

411. Qualifications of Chairperson and members of Appellate Tribunal

(1)

The chairperson shall be a person who is or has been a Judge of the Supreme Court or the Chief Justice of a High Court.

(2)

A Judicial Member shall be a person who is or has been a Judge of a High Court or is a Judicial Member of the Tribunal for five years.

[(3) A technical member shall be a person of proven ability, integrity and standing having special knowledge and professional experience of not less than twenty-five years in industrial finance, industrial management, industrial reconstruction, investment and accountancy.]

Amendment notes (1)
  1. Subs w.e.f. 9-2-2018 . Subs. by s. 84, ibid., for sub-section (3) (w.e.f. 9-2-2018).