SICK INDUSTRIAL COMPANIES (SPECIAL PROVISIONS) REPEAL ACT, 2003
Section - 4 - Consequential provisions
Consequential provisions.4. On the dissolution of the Appellate Authority and the Board,-
| (a) | - | (i) the persons appointed as Chairman and Member of the Appellate Authority or the Board; and |
| - | (ii) every other person appointed by the Central Government, Appellate Authority or the Board, | |
| - | and holding office as such immediately before the commencement of this Act, shall vacate his office and no such Chairman, Member or other person shall be entitled to claim any compensation for premature termination of the term of his office or of any contract of service : | |
| - | Provided that every officer or employee who has been, immediately before the dissolution of the Appellate Authority or the Board, appointed on deputation basis to the Appellate Authority or the Board, shall stand reverted to his parent cadre, Ministry or Department, as the case may be : | .... To read the full section download the app from Google Play store
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