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The Companies Act, 2013

Chapter XXVII - National Company Law Tribunal And Appellate Tribunal (407-434)

Section 414- Salary, allowances and other terms and conditions of service of Members.

[Notification/Effective Date: 12.09.2013]

Section 414- Salary, allowances and other terms and conditions of service of Members. [Corresponds to Section 10FG, 10FW the Companies Act, 1956]

The salary, allowances and other terms and conditions of service of the Members of the Tribunal and the Appellate Tribunal shall be such as may be prescribed:

Provided that neither the salary and allowances nor the other terms and conditions of service of the Members shall be varied to their disadvantage after their appointment.