Cos 415 — Acting President and Chairperson of Tribunal or Appellate Tribunal

Companies Act, 2013

Statutory text

(1) In the event of the occurrence  of any  vacancy  in  the  office  of  the  President  or  the  Chairperson  by  reason  of  his  death, resignation or otherwise, the senior-most Member shall act as the President or the Chairperson, as the case may be, until the date on which a new President or Chairperson appointed in accordance with the provisions of this Act to fill such vacancy enters upon his office.
(2) When the President or the Chairperson is unable to discharge his functions owing to absence, illness or  any  other  cause,  the  senior-most  Member  shall discharge  the  functions  of  the  President  or  the Chairperson, as the case may be, until the date on which the President or the Chairperson resumes his duties.

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