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

The Companies Act, 2013Central Act · Act 18 of 2013

[417A. Qualifications, terms and conditions of service of Chairperson and Member.-- 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 [the Tribunals Reforms Act, 2021, shall be governed by the provisions of Chapter II of the said Act]:

Provided 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.]

Where this provision sits

ActThe Companies Act, 2013
Section417A
Marginal noteQualifications, terms and conditions of service of Chairperson and Member.
JurisdictionCentral
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • inserted, Act 7 of 2017. . Ins. by Act 7 of 2017, s. 172 (w.e.f. 26-5-5017).
  • substituted, Act 33 of 2021. .Subs. by Act 33 of 2021, s. 28, for “Part XIV of Chapter VI of the Finance Act, 2017 (7 of 2017), shall be governed by the provisions of the section 184 of that Act” (w.e.f. 4-4-2021).

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