MCA Invites Application For Posts Of Judicial Member And Technical Member In NCLT, Last Date To Apply Is 19th July 2023

The Ministry of Corporate Affairs (“MCA”), Government of India, has issued a circular dated 06.06.2023, inviting application for the post of Judicial Members and Technical Members in the National Company Law Tribunal (“NCLT”). Applications are to be submitted online at https://apptrbmembermca.gov.in between 08.06.2023 to 19.07.2023.

There is vacancy in NCLT for the post of five Judicial Members and five Technical Members, starting from 10.05.2024. The number of vacancies is tentative and subject to change in future without any notice.

• Qualifications for Judicial Member as per Section 409(2) of the Companies Act, 2013

A person can be appointed as Judicial Member if he/she:

(a) is, or has been, a judge of a High Court; or

(b) is, or has been, a District Judge for at least five years; or

(c) has, for at least ten years been an advocate of a court.

Explanation.—For the purposes of clause (c), in computing the period during which a person has been an advocate of a court, there shall be included any period during which the person has held judicial office or the office of a member of a tribunal or any post, under the Union or a State, requiring special knowledge of law after he become an advocate.

• Qualifications for Technical Member as per Section 409(3) of the Companies Act, 2013

A person can be appointed as Technical Member if he/she:

(a) has, for at least fifteen years been a member of the Indian Corporate Law Service or Indian Legal Service out of which at least three years shall be in the pay scale of Joint Secretary to the Government of India or equivalent or above in that service; or

(b) is, or has been, in practice as a chartered accountant for at least fifteen years; or

(c) is, or has been, in practice as a cost accountant for at least fifteen years; or

(d) is, or has been, in practice as a company secretary for at least fifteen years; or

(e) is a person of proven ability, integrity and standing having special knowledge and experience, of not less than fifteen years, in law, industrial finance, industrial management or administration, industrial reconstruction, investment, accountancy, labour matters, or such other disciplines related to management, conduct of affairs, revival, rehabilitation and winding up of companies; or

(f) is, or has been, for at least five years, a presiding officer of a Labour Court, Tribunal or National Tribunal constituted under the Industrial Disputes Act, 1947 (14 of 1947).

Age Criteria

Alongwith the aforementioned criteria, the candidate must be of 50 years of age on the last date of submission of online application. The term of employment will be 5 years, extendable to a further period of 5 years, subject to maximum age limit of 65 years.

Salary

The Member(s) will draw pay in the pay level of 15 as per 7^th Central Pay Commission plus allowances as admissible.

The last date for submission of online application is 19^th July 2023 at 05:30 pm.

Ref. No. A-12O23 /1/2023 - Ad. IV – MCA

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