The Ministry of Company Affairs has issued letters dated 10.12.2013 inviting applications for the post of Judicial Member and Technical Member in the National Company Law Tribunal. There are 19 vacancies for the post of Judicial Member and 14 for the post of Technical Member.
In order to qualify for appointment as a Judicial Member, the applicant has to be, inter alia, an Advocate for at least 10 years. In order to qualify for appointment as a Technical Member, the applicant has to, inter alia, be a Chartered Accountant etc for at least 15 years.
Vide Notification dated 30.12.2013, the terms and conditions of appointment have been notified. The Judicial & Technical Members are entitled to generous salary and perquisites.