Home India Ministry of Corporate Affairs In exercise of the powers conferred by section 410 of the Co...
Date: 2019-11-27 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by section 410 of the Companies Act, 2013 18 of 2013

Issued by Ministry of Corporate Affairs · Not Applicable

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Executive Summary & Key Takeaways

This notification from the Ministry of Corporate Affairs, dated November 27, 2019, announces the appointment of four individuals as Members of the National Company Law Appellate Tribunal (NCLAT). The appointments are made by the Central Government, exercising powers conferred by Section 410 of the Companies Act, 2013. The appointees are: Justice (Retd.) Venugopal M (Judicial Member), Justice (Retd.) Jarat Kumar Jain (Judicial Member), Sh. Vijai Pratap Singh (Technical Member), and Dr. Ashok Kumar Mishra (Technical Member). All four members joined on October 23, 2019. The members will be placed in Level 17 of the pay matrix, with a fixed salary of Rs. 2,25,000. Their term will be for a period of three years, until they reach the age of sixty-seven years, or until further orders are issued, whichever comes first. The file number for this notification is A1202312019Ad.IV Pt. I. The notification was issued by Gyaneshwar Kumar Singh, Joint Secretary.

Key Entities Referenced

Companies Act, 2013: A law enacted by the Parliament of India. National Company Law Appellate Tribunal: An appellate tribunal in India that hears appeals from the National Company Law Tribunal. Justice Retd. Venugopal M: Appointed as Judicial Member in the National Company Law Appellate Tribunal. Justice Retd. Jarat Kumar Jain: Appointed as Judicial Member in the National Company Law Appellate Tribunal. Sh. Vijai Pratap Singh: Appointed as Technical Member in the National Company Law Appellate Tribunal. Dr. Ashok Kumar Mishra: Appointed as Technical Member in the National Company Law Appellate Tribunal. Ministry of Corporate Affairs: The Indian government ministry responsible for administration of the Companies Act 2013 and other laws, rules and regulations related to companies. New Delhi: The capital of India, where the notification was issued.
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