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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Company Law Board Rules Amended: Service Experience Requirement Reduced from Three to Two Years per Rule 3(5)(b)</h1> The Department of Company Affairs issued Notification No. G.S.R. 370(E) on June 30, 1998, amending the Company Law Board (Qualifications, Experience and other Conditions of Service of Members) Rules, 1993. The amendment involves a substitution in sub-rule (5) of rule 3, specifically in clause (b), where the words 'three years' are replaced with 'two years.' These amendments, made under the authority of the Companies Act, 1956, will take effect upon their publication in the Official Gazette.