Law Maker

CHAPTER XXVII

Section 411: Qualifications of chairperson and Members of Appellate Tribunal

The Companies Act, 2013

(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.]

Footnotes in the official text

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

Practise questions on Company Law