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Section 417A: Qualifications, terms and conditions of service of Chairperson and Member

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

This section sets the rules for the service of the Chairperson and Members of the Appellate Tribunal, including their qualifications, appointment, and terms of office.

The section, clause by clause

What the section says
In plain terms
Notwithstanding anything contained in this Act, the qualifications, appointment, term of office, salaries and allowances, resignation, removal and other terms and conditions of service of the Chairperson and other Members of the Appellate Tribunal appointed after the commencement of 2[the Tribunals Reforms Act, 2021, shall be governed by the provisions of Chapter II of the said Act]:
provisoProvided that the Chairperson and Member appointed before the commencement of Part XIV of Chapter VI of the Finance Act, 2017, shall continue to be governed by the provisions of this Act and the rules made thereunder as if the provisions of section 184 of the Finance Act, 2017 had not come into force.]

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.

Amendment notes

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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.