Section 413 of Companies Act, 2013

413. Term of office of President, chairperson and other Members (1) The President and every other Member of the Tribunal shall hold office as such for a term of five years from the date on which he enters upon his office, but shall be eligible for re-appointment for another term of five years. (2) A

Section 412 of Companies Act, 2013

412. Selection of Members of Tribunal and Appellate Tribunal (1) The President of the Tribunal and the chairperson and Judicial Members of the Appellate Tribunal, shall be appointed after consultation with the Chief Justice of India. (2) The Members of the Tribunal and the Technical Members of the Appellate Tribunal shall be appointed on the

Section 410 of Companies Act, 2013

410. Constitution of Appellate Tribunal The Central Government shall, by notification, constitute, with effect from such date as may be specified therein, an Appellate Tribunal to be known as the National Company Law Appellate Tribunal consisting of a chairperson and such number of Judicial and Technical Members, not exceeding eleven, as the Central Government may

Section 408 of Companies Act, 2013

408. Constitution of National Company Law Tribunal The Central Government shall, by notification, constitute, with effect from such date as may be specified therein, a Tribunal to be known as the National Company Law Tribunal consisting of a President and such number of Judicial and Technical members, as the Central Government may deem necessary, to

Section 407 of Companies Act, 2013

407. Definitions In this Chapter, unless the context otherwise requires,— (a) “Chairperson” means the Chairperson of the Appellate Tribunal; (b) “Judicial Member” means a member of the Tribunal or the Appellate Tribunal appointed as such and includes the President or the Chairperson, as the case may be; (c) “Member” means a member, whether Judicial or

Section 406 of Companies Act, 2013

406. Power to modify Act in its application to Nidhis (1) In this section, “Nidhi” means a company which has been incorporated as a Nidhi with the object of cultivating the habit of thrift and savings amongst its members, receiving deposits from, and lending to, its members only, for their mutual benefit, and which complies