National Company Law Tribunal Recruitment 2021 for Judicial Member

Vacancy Circular No:

National Company Law Appellate Tribunal (MCA)
invites applications for recruitment of Judicial Member

Judicial Member

Number of Vacancy: 3 Posts

Educational Qualification: N/A

Sub: Selection for the posts of Judicial and Technical Members in the National Company Law Appellate Tribunal (NCLAT) - Inviting applications therefore:-

1. Post Name: Judicial Member

2. No of Posts: 03

3. Place: New Delhi or Chennai or other benches, if any, to be established in future at other in the places count

4. Qualification and other terms and conditions:- The qualifications, eligibility, salary and other terms and conditions of the appointment of a candidate will be governed by the provisions of the Tribunals Reforms Act, 2021 and the Tribunal (Conditions of Service) Rules, 2021. Main terms and conditions are following:-

(a) Judicial Member:-

(i) is, or has been, a Judge of a High Court; or (ii) is a Judicial Member of the National Company Law Tribunal for five years; or (iii) has been an advocate for ten years with substantial experience in litigation in matters relating to company affairs before National Company Law Tribunal, National Company Law Appellate Tribunal, High Court or Supreme Court.

(ii) Salary and allowances {Rules 10 and 11 of the Tribunal (Conditions of Service) Rules, 2021}:- The Member shall be paid a salary of Rs. two lakh twenty- five thousand per month plus other allowances as admissible.

(iii) Term of office {Section 5 of the Tribunals Reforms Act, 2021}:- Every Member of a Tribunal shall hold office for a term of four years or till he/she attains the age of sixty-seven years, whichever is earlier.