Chapter 01 - National Company Law Tribunal (Salary, Allowances and other Terms and Conditions of Service of President and other Members) Rules, 2015 (From Rule 1 to Form - III)
Appointment of NCLT President or Member requires a declaration of no prejudicial financial or other interest. Rule 18 mandates that every person on appointment as President or Member must give a declaration in Form III to the satisfaction of the Central Government that he does not have any financial or other interest likely to prejudicially affect his functions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Appointment of NCLT President or Member requires a declaration of no prejudicial financial or other interest.
Rule 18 mandates that every person on appointment as President or Member must give a declaration in Form III to the satisfaction of the Central Government that he does not have any financial or other interest likely to prejudicially affect his functions.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
