Section 4 of Recovery of Debts and Bankruptcy Act, 1993: Composition of Tribunal

The Recovery of Debts and Bankruptcy Act, 1993 Chapter-II Establishment of Tribunal and Appellate Tribunal Section 4: Composition […]

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The Recovery of Debts and Bankruptcy Act, 1993

Chapter-II Establishment of Tribunal and Appellate Tribunal

Section 4: Composition of Tribunal.

4. (1) A Tribunal shall consist of one person only (hereinafter referred to as the Presiding Officer) to be appointed, by notification, by the Central Government.

1[(2) Notwithstanding anything contained in sub-section (1), the Central Government may—

(a) authorise the Presiding Officer of any other Tribunal established under any other law for the time being in force to discharge the function of the Presiding Officer of a Debt Recovery Tribunal under this Act in addition to his being the Presiding Officer of that Tribunal; or

(b) authorise the judicial Member holding post as such in any other Tribunal, established under any other law for the time being in force, to discharge the functions of the Presiding Officer of Debts Recovery Tribunal under this Act, in addition to his being the judicial Member of that Tribunal.]


Reference

1. Substituted by Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Act, 2016, (w.e.f. 01.09.2016 vide N. No. S.O. 2831(E) dated 01.09.2016), for the sub-section:

“(2) Notwithstanding anything contained in sub-section (1), the Central Government may authorise the Presiding Officer of one Tribunal to discharge also the functions of the Presiding Officer of another Tribunal.”



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