Rule 16 NCLT (Salary, Allowances and other Terms and Conditions of Service of President and other Members) Rules, 2015 | Companies Act Integrated Ready Reckoner|Companies Act 2013|CAIRR

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27.2.16 NCLT (Salary, Allowances and other Terms and Conditions of Service of President and other Members) Rules, 2015.

16. Applicability of rules. – Chairman and Members of the Company Law Board, who fulfill the qualifications and rquirements, provided under the Act for being appointed respectively as the President and Members of the Tribunal shall be so appointed after following the selection procedure for these posts in the manner laid down in section 412 of the Act.