Sunday, August 14, 2016

Section 414 of Companies Act 2013

Section 414 of Companies Act 2013 :-

Salary, allowances and other terms and conditions of service of Members.

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.

India's Important Case Laws and Landmark Judgments on Companies Act 2013.

Section 414 Companies Act 1956 has been repealed.

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