Companies Act, 2013
411.
Qualifications
of chairperson and Members of Appellate Tribunal.
1. The chairperson shall
be a person who is or has been a Judge of the Supreme Court or the Chief
Justice of a High Court.
2. A Judicial Member
shall be a person who is or has been a Judge of a High Court or is a Judicial
Member of the Tribunal for five years.
3. A Technical Member
shall be a person of proven ability, integrity and standing having special
knowledge and experience, of not less than twenty-five years, in law,
industrial finance, industrial management or administration, industrial
reconstruction, investment, accountancy, labour matters, or such other
disciplines related to management, conduct of affairs, revival, rehabilitation
and winding up of companies.