Ministry of Corporate Affairs (“MCA”) releases the National Company Law Appellate Tribunal (Amendment) Rules, 2017
MCA, vide notification dated August 23, 2017, has further amended the National Company Law Appellate Tribunal Rules, 2016 (“Principal Rules”) and released the National Company Law Appellate Tribunal (Amendment) Rules, 2017. The Amendment Rules introduces the following amended rule to the Principal Rules:
63. Appearance of authorised representative: –
(1) Subject to provisions of section 432 of the Act [Companies Act, 2013], a party to any proceedings or appeal before the Appellate Tribunal may either appear in person or authorise one or more chartered accountants or company secretaries or cost accountants or legal practitioners or any other person to present his case before the Appellate Tribunal.
(2) The Central Government, the Regional Director or the Registrar Companies or Official Liquidator may authorise an officer or an Advocate represent in the proceedings before the Appellate Tribunal.
(3) The officer authorised by the Central Government or the Regional Director or the Registrar of Companies or the Official Liquidator shall be an officer not below the rank of Junior Time Scale or company prosecutor.
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