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COMPANY LAW BOARD (QUALIFICATIONS, EXPERIENCE AND OTHER CONDITIONS OF SERVICE OF MEMBERS) RULES,1993

Company Law Board (Qualifications, Experience and Other Conditions of Service of Members) Rules, 1993

Contents

Sections

Particulars

1

Short title and commencement

2

Definitions

3

Qualifications and age limit for appointment of Members

3A

The employees of the Central Government

3B

Those Members who came from Government service

4

Method of recruitment

5

Medical fitness

6

Resignation by a Member Medical fitness

7

Removal of Members from office in certain circumstances

8

Term of Office of Chairman, Vice-Chairman and Members

8A

Casual vacancy

9

Salary and allowances

10

Interpretation

11

Saving

12

Oaths of office and secrecy

13 Other conditions of service

Form

Form I 

Form of Oath of Office for Chairman/ Vice-Chairman/ Member of the Company Law Board

Form II 

Form of Oath of Secrecy for Chairman/ Vice-Chairman/Member of the Company Law Board

 

Foot Notes

 

[See section 10E(2A) of the Companies Act, 1956]

 

In exercise of the powers conferred by sub-section (2A) of section 10E, read with clause (a) of sub-section (1) of section 642 of the Companies Act, 1956 (1 of 1956), and in supersession of the Company Law Board Members (Qualifications and Experience) Rules, 1989, expect as respects things done or omitted to be done before such supersession, the Central Government hereby makes the following rules, namely: –

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