18 May 2021

Section 411, of The Companies Act 2013

Section 411, of The Companies Act 2013

 

Qualifications of Chairperson and Members of Appellate Tribunal.

                                             Notified Date of Section: 12/09/2013

 

411. (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.

1[(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]