Section - 411, Qualifications of Chairperson and Members of Appellate Tribunal (CA, 2013)

Section - 411, Qualifications of Chairperson and Members of Appellate Tribunal (CA, 2013)

Co. Law, Sebi, Audit & A/c

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.


*5*[(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.]


Notes:-


*5*. Subs. by Act 1 of 2018, s. 84, for sub-section (3) (w.e.f. 9-2-2018).

CONCEPTS