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    <title>Dissolution of Company Law Board.</title>
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    <description>Dissolution of the Company Law Board causes cessation of its officeholders; deputation staff revert to parent cadre; regular employees transfer to Central Government service with retention of pension and related benefits; no compensation lies for premature termination. Provident, superannuation and welfare funds attributable to transferred employees vest in the Central Government to be dealt with as prescribed. All pending matters before the Board are transferred to the successor tribunal for disposal under the Act.</description>
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      <description>Dissolution of the Company Law Board causes cessation of its officeholders; deputation staff revert to parent cadre; regular employees transfer to Central Government service with retention of pension and related benefits; no compensation lies for premature termination. Provident, superannuation and welfare funds attributable to transferred employees vest in the Central Government to be dealt with as prescribed. All pending matters before the Board are transferred to the successor tribunal for disposal under the Act.</description>
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      <pubDate>Wed, 04 May 2011 12:24:49 +0530</pubDate>
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