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Mr. A, a Practicing Chartered Accountant having 15 years’ experience want to become technical member of NCLAT, decide his eligibility: -
Yes, he can become under section 411,
No, he cannot become under section 411,
Yes, he can become under section 410,
A Technical Member shall be: -
i) a person of proven ability, integrity and standing having special knowledge and experience, of not less than 25 years in various specified disciplines related to the management, conduct of affairs, revival, rehabilitation and winding up of companies.
ii) is a person of proven ability, integrity and standing having special knowledge and professional experience of not less than twenty-five years in industrial finance, industrial management, industrial reconstruction, investment and accountancy.
And here Mr. A has only 15 years’ Experience.
By: Vikas Goyal ProfileResourcesReport error
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