Subs. by s. 85, ibid., for sub-section (2) (w.e.f. 9-2-2018). — THE COMPANIES ACT, 2013

6. Subs. by s. 85, ibid., for sub-section (2) (w.e.f. 9-2-2018). (3) The chairperson or a Member of the Appellate Tribunal shall hold office as such for a term of five years from the date on which he enters upon his office, but shall be eligible for re-appointment for another term of five years. (4) A Member of the Appellate Tribunal shall hold office as such until he attains,— (a) in the case of the Chairperson, the age of seventy years; (b) in the case of any other Member, the age of sixty-seven years: Provided that a person who has not completed fifty years of age shall not be eligible for appointment as Member: Provided further that the Member may retain his lien with his parent cadre or Ministry or Department, as the case may be, while holding office as such for a period not exceeding one year.

Section 6