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Section 415: Acting President and Chairperson of Tribunal or Appellate Tribunal

Companies Act, 2013 · Chapter XXVII: National Company Law Tribunal And Appellate Tribunal · In force

This section is for establishing who will take over the duties of the President or Chairperson of the Tribunal or Appellate Tribunal in their temporary or permanent absence.

The section, clause by clause

What the section says
In plain terms
(1)In the event of the occurrence of any vacancy in the office of the President or the Chairperson by reason of his death, resignation or otherwise, the senior-most Member shall act as the President or the Chairperson, as the case may be, until the date on which a new President or Chairperson appointed in accordance with the provisions of this Act to fill such vacancy enters upon his office.
If the President or Chairperson position becomes vacant due to death, resignation, or other reasons, the senior-most Member will act as President or Chairperson until a new one is appointed and takes office.
(2)When the President or the Chairperson is unable to discharge his functions owing to absence, illness or any other cause, the senior-most Member shall discharge the functions of the President or the Chairperson, as the case may be, until the date on which the President or the Chairperson resumes his duties.
If the President or Chairperson is unable to work due to absence, illness, or other reasons, the senior-most Member will take over their duties until the President or Chairperson can resume work.

The right-hand column is written from the section text, not quoted from it, and it has no legal force. Where the two differ, the left-hand column is the law.

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Reproduced from the official India Code print for reference. Check the current text on India Code before you rely on it, and read the section alongside its Rules. Nothing here is legal advice.