Rule 3 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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27.2.3 NCLT (Salary, Allowances and other Terms and Conditions of Service of President and other Members) Rules, 2015.

3. Pay.- (1) The President shall be entitled to a monthly pay of Rs. 80,000/- (fixed) and other allowances as are admissible to a Government Servant in the Apex grade of Rs. 80,000 (fixed).

(2) A Judicial Member and Technical Member shall be paid salary in the pay scale of Rs. 67000-79000/- (annual increment at 3%) and other allowances as are admissible to a Government Servant in Higher Administrative Grade of Rs. 67000-79000/-.

(3) In case a person appointed as the President or a Judicial Member or a Technical Member, as the case may be, is in receipt of any pension, the pay of such person shall be reduced by the gross amount of pension drawn by him.