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Section 7

The Recovery of Debts Due to Banks and Financial Institutions Ordinance,1993Ordinance · 1993

(1) The Central Government shall provide the Tribunal with a Recovery Officer and such other officers and employees as that Government may think fit.

(2) The Recovery Officer and other officers and employees of a Tribunal shall discharge their functions under th e general superintendence of the Presiding Officer.

(3) The salaries and allowances and other conditions of service of the Recovery Officer and other officers and employees of a Tribunal shall be such as may be prescribed.

Establishment of Tribvu nal.

Composition of Tribunal.

• Qualifications for , appointment as Presiding Officer.

Term of Office.

& T$ti& of 4 THE GAZETTE OF INDIA EXTRAORDINARY / [JPAKT-U— Establish, ment of Appellate Tribunal.

Composition of Appellate Tribunal.

Qualifications for appoint, ment as Presiding Officer of the Appellate Tribunal.

Term of office, .

Staff of the Appellate Tribunal.

Salary and allowances and other terms and conditions of service of Presiding Officers, Filling up of, vacancies.

Resignation and / remova7

8. (I) The Central Government shall, by notification, ^statyisb one or more Appellate Tribunals, t0 be known as the Debts Recovery Appellate Tribunal, t0 exercise the jurisdiction, powers and authority conferred on such Tribunal by or under this Ordinance. /

(2) The Central Government shall also specify/^ t h e notification, referred to in sub-section (2), the Tribunals in relap<>n t o w h i c h t n e A p" pellate Tribunal may exercise jurisdiction. / %

9. An Appellate Tribunal shall- consist of y ^ e V^^Qa only (hereinafter r referred to as the Presiding Officer of tile Appellate Tribunal) to be appointed, by notification, by the Central government.

10. A person shall not be qualified for;• Japointment as the Presiding Officer of an Appellate Tribunal unless he—•!

(a) is, or has been, or is qualified to bW> a Judge-of a High Court;

(b) has been a member of the IndianmLegal SeTvice and has held a post in Grade I of that Service for ajF J e a s t t h r e e yeaxf ,

(c), has held office as the Presiding O # ^ > Tribunal for at least three years. #~4_/w' & ^-^^

11. The Presiding Officer of an A p p e l l a ^ ^ # J S h ^ - ^ ^ c e for a term of five years from the date on w £ f j£Jr**-^& °&*- . /*•">> wnicnAfl/er is "earlieror until he attains the age of sixty-two ye/ T x l * ' 12 The provisions of section 7 ( ^ J ^ £ * H ^ ^ ^ ^ v , ' V Vi . - ' " u ' ; ; ^ V ^ P P 6 1 1 3 * 8 ^ ^ b u n a l as they Officer) shaU, so far as may. ̂ ^.JpkjQ in that section toT'Tribuapply to a Tribunal and accordingly i ^ ^ T r i b u n a r . a M r e f e i . e n .

nal" shall be construed as reference, to ̂ fc ^ ^ ^ . ^ ces to Recovery Officer shall be de? ,- .̂-- • .,, _. - , , ,, ' t£s payable to, and the other terms and13. The salary and allowance . ' >,. . £ . ,. , ,. Wpension, gratuity and other retirementconditions of service (including^* m ., • v -' ,, _•., .u «* % u .v n " - j - /-.«s 5*T °f a Tribunal or an Appellate Tribunalbenefits) of the Presiding Offi<r*.. ,, . . .. . ,.F.V .

shall *be. such, as may be/^';**' ' ' ' ^ - , . ̂ ther the salary and allowances nor the other terms , *"" ,. . fervice of the said Presiding Officers shall be varied to and conditions of j ,. . . . • ' " , •*ge after appointment, their disadvant" ' ' " Tf ^A° r a n y r e a s o n ° t h e r than temporary absence,-any vacancy '. ' the office of the Presiding Officer of a Tribunal or an Appellate occurs inal; then t n e Central Government shall appoint another person in n "Sdance with the provisions of this Oitiinance to fill the vacancy and ^c% proceedings may be continued before the Tribunal or the Appellate ^Tribunal from the stage at which the vacancy is filled. i

Where this provision sits

ActThe Recovery of Debts Due to Banks and Financial Institutions Ordinance,1993
Section7
StatusIn force as published by the source

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