Substitution of rule 8 of the Company Law Board (Qualifications, Experience and other Conditions of Service of Members) Rules, 1993 - GSR 203(E) - Companies Law
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Term limits for Company Law Board members set with fixed retirement ages for chairman and members under amended rule. The amendment replaces rule 8 to prescribe that, except as provided in rules 6 or 7, the Chairman shall hold office until he attains the stipulated retirement age for that office and the Vice Chairman and any other Member shall hold office until they attain the stipulated retirement age for those offices; the Amendment Rules, 1999 take effect on publication in the Official Gazette.
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Provisions expressly mentioned in the judgment/order text.
Term limits for Company Law Board members set with fixed retirement ages for chairman and members under amended rule.
The amendment replaces rule 8 to prescribe that, except as provided in rules 6 or 7, the Chairman shall hold office until he attains the stipulated retirement age for that office and the Vice Chairman and any other Member shall hold office until they attain the stipulated retirement age for those offices; the Amendment Rules, 1999 take effect on publication in the Official Gazette.
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