Section 414 of Companies Act, 2013-Salary of members of NCLT

By | June 18, 2016
(Last Updated On: June 18, 2016)

Section – 414 of Companies Act, 2013

Enforced with effect from 12-9-2013.

Salary, allowances and other terms and conditions of service of Members.

414. The salary, allowances and other terms and conditions of service of the Members of the Tribunal and the Appellate Tribunal shall be such as may be prescribed

Provided that neither the salary and allowances nor the other terms and conditions of service of the Members shall be varied to their disadvantage after their appointment.\


Refer Also  National Company Law Appellate Tribunal (Salaries and Allowances & Other Terms & Conditions of Service of the Chairperson & Other Members) Rules, 2015 & National Company Law Tribunal (Salary, Allowances & Other Terms & Conditions of Service of President & Other Members) Rules, 2015

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