September 12, 2026

Section 414. Salary, allowances and other terms and conditions of service of Members – Companies Act, 2013

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.