Cabinet okays creation of additional posts in NCLAT
The posts will be created in Level 17 (Rs 2,25,000 fixed per month) plus allowances as admissible.
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the creation of additional posts of three judicial members and three technical members in the National Company Law Appellate Tribunal (NCLAT).
The posts will be created in Level 17 (Rs 2,25,000 fixed per month) plus allowances as admissible. The total financial implication will be around Rs 2.28 crore per annum.
Watch This Zee Business Video
"This will ensure to meet the mandate provided to the NCLAT by the Finance Act, 2017, the Companies Act, the Insolvency and Bankruptcy Code, 2016 and the time frame provided for disposal of cases," an official release said.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Top 5 Small-Cap Funds With Best SIP Returns in 3 Years: What Rs 5,000 and Rs 10,000 SIPs in each fund have given
Gold and Silver rates today (May 27, 2024): MCX gold jumps after sharp losses last week, silver nears Rs 92,100/kg levels
70:15:15 Investment Strategy: Can you build over Rs 1 crore corpus with just Rs 20,000 salary? Know calculations
Shark Tank India: This startup gets blank check offer as revenue soars 10 times in 15 months, resulted in clash between judges
40,000 pension per month: How to get Rs 40,000 as pension every month by investing in NPS? Know the calculation
Top 5 large and mid cap SIP mutual funds in 5 Years: Rs 20,000 SIP in top fund has given a total of Rs 28.22 lakh
10:33 PM IST