Appointment qualifications tightened: requires Secretary or Additional Secretary rank and extensive specialised experience in industrial finance and management. Amends section 409(3): clause (a) now requires the appointee to have been holding the rank of Secretary or Additional Secretary to the Government of India; clause (e) now requires a person of proven ability, integrity and standing with special knowledge and professional experience of not less than fifteen years in industrial finance, industrial management, industrial reconstruction, investment and accountancy.
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 qualifications tightened: requires Secretary or Additional Secretary rank and extensive specialised experience in industrial finance and management.
Amends section 409(3): clause (a) now requires the appointee to have been holding the rank of Secretary or Additional Secretary to the Government of India; clause (e) now requires a person of proven ability, integrity and standing with special knowledge and professional experience of not less than fifteen years in industrial finance, industrial management, industrial reconstruction, investment and accountancy.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
