MCA appoints Judicial Member and Technical Member in National Company Law Tribunal

The Ministry of Corporate Affairs(MCA) has issued notification regarding appointment of Judicial Member and Technical Member in National Company Law Tribunal.

MCA appoints Judicial Member and Technical Member

Reetu | Jun 12, 2023 |

MCA appoints Judicial Member and Technical Member in National Company Law Tribunal

MCA appoints Judicial Member and Technical Member in National Company Law Tribunal

The Ministry of Corporate Affairs(MCA) has issued notification regarding appointment of Judicial Member and Technical Member in National Company Law Tribunal.

As per the notification, fourteen individuals have been appointed to serve as Judicial and Technical Members. These appointments have been made under the powers conferred by section 408 of the Companies Act, 2013.

The announcement is a critical step towards enhancing the NCLT’s operations. Individuals appointed as Judicial and Technical Members would be paid Rs. 67000-79000/- (pre revised) [level 15 in the pay matrix (Rs. 182200-224100) as per 7th Central Pay Commission] for a period of five years from the date of their appointment. The list of appointments comprises retired justices, experienced legal practitioners, and technological specialists, indicating that the tribunal has a fair mix of legal and technical knowledge.

The appointment of these members is an important step towards increasing the NCLT‘s effectiveness in handling corporate law disputes. Each of these appointees has a distinct set of talents and knowledge that will be invaluable in improving the Tribunal’s operations.

For Official Notification Download PDF Given Below:

StudyCafe Membership

Join StudyCafe Membership. For More details about Membership Click Join Membership Button
Join Membership

In case of any Doubt regarding Membership you can mail us at [email protected]

Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"




Author Bio
My Recent Articles
New India’s UPI Revolution: UPI unstoppable with 138% growth in Transaction Value from 2017-18 to 2023-24 New RCM Time of Supply Rules came into effect from 1st Nov 2024; Know About the Rule Income Tax Due Date Calendar Nov 2024 Form 12 BAA is meant to assist you in Claiming Tax Credits for Non-Salary Income Technical Issues in Income Tax Returns Processing has put Taxpayers in TroubleView All Posts