Section 414 of the Companies Act, 2013: Salary, allowances and other terms and conditions of service of Members

The Companies Act, 2013

Chapter– XXVII National Company Law Tribunal and Appellate Tribunal

Section 414: Salary, allowances and other terms and conditions of service of Members.

*414. The salary, allowances and other terms and conditions of service of the Members of the Tribunal and the Appellate Tribunal shall be such as may be prescribed:

Provided that neither the salary and allowances nor the other terms and conditions of service of the Members shall be varied to their disadvantage after their appointment.


Reference

*Effective from 12.09.2013.

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