Share this page:

Regarding Inviting application for filling of 12 posts of Technical Member in National Company Law Tribunal under Section 408 of the Companies Act, 2013

I would like to inform you that the Ministry of Corporate Affairs (MCA), Government of India has invited applications for filling of 12 posts of Technical Member in National Company Law Tribunal under Section 408 of the Companies Act, 2013.

As per the provision of Section 409(3) of the Companies Act, read with judgment dated 14th May, 2015 of Supreme Court in WP (C) No. 1072/2013, a person shall not be qualified for appointment as a Technical Member unless he/she, is/ has been in practice as a chartered accountant for at least fifteen years and unless he/she has completed the age of 50 (fifty years) [Section 413(2) of Companies Act, 2013] as on the last date of receipt of application.

It has been mentioned that the selected candidates will be required to serve at any of the already constituted NCLT benches or benches to be constituted in future in different parts of the country in a phased manner with All India transfer liability as per availability of the vacancies/exigencies of work.

Applications are required to be submitted in the format given in Annexure-I duly completed which should reach Shri Navneet Chouhan, Director, Ministry of Corporate Affairs, Room No 530, A ‘Wing, 5th floor, Shastri Bhawan, New Delhi-110001.

The application should reach the concerned person latest by 24th April, 2017.

The advertisement and the format of application can be accessed at http://www.nclt.gov.in/vacancies/12%20post%20technical%20english.pdf

The National Company Law Tribunal (Salaries and Allowances and other terms and conditions of service of the Chairperson and other Members) Rules, 2015 can be accessed at http://www.nclt.gov.in/notification/NCLT_salary_rules_2015.pdf for terms of appointment and other details.

With Regards

Chairman, Corporate Laws & Corporate Governance Committee
The Institute of Chartered Accountants of India

    Quick Links