Debts Recovery Appellate Tribunals (Procedure for appointment as Chairperson of the Appellate Tribunal Rules), 1998

(~Tr111-~ 3(i)] MINISTRY OF FINANCE (Dcapa rtmcnt of Econnmic Affairs} (Banking Division) NOTIFICATION (b) (c) (d) (c) New Delhi, the 19th Ianuary, I()n C .S. R. 31 (E).- In exercise of the powers can Icrrcd by section 9 read with c lausc (c) 0 I' sub-Sect ion :2of sect ion 3() or the Recovery or Debts Due 10 Ilanks and Financial Institutions Act, 1<)()3 (5101' 19<)J), the Central Govcrnmcut hereby makes tlie roll<lwing rules, namely: ,.. I, Short title and COll1nlenCeIllCllt.- (I) These rules may be called the Debts Recovery Appellate Tribunal (Procedure for ;:lppoinlnlellt as Presiding Or/icer of the Appellate Tribunal) Rules, I<)n:' (2) 'They sliall c(~l1e into force on the date oftheir publication in the Official Gazelle, 2, Iklinitions,--·- In these rules, unless the context otherwise requircs,-- "Act" III<:;UIS the Recovery or Debts I)uc to Ilanks and Financial Institutions Act, I')')] (5 It I ')(!.»: "Appellalc Trihuual" means the Debts Recovery Appellate Tribunal established under section X or the Act: "Prcsiding OrJiccr" means a person appointed as Presiding Officer or an Appellate Tribunal under section <) or the Act: "Reserve llank " means the Reserve Bauk of India constituted under section 3 of rhc Reserve Bank of India Act. 1<)34 (2 of 193..)): I I I all other words and expressions used alld 1I0t defined ill these rules but delined in the Act sh;1I1 have the IlIe;lIli!I~'.' respectively assigucd to them ill the Act. .i. Method of appointment under section () of the Act. - (I) For the purpose or nppoinuucnt to the post or" l'rcsid ill:: '" ." .f Y.~· .' • • ...-..... '- (i) The Chid Justice of Illdia or a Judge or the Supreme Court or India as 110111inatcd by the Ch ic!' .lust ice oflndi.r: (ii) the Secretary to the Government of lndia in the Ministry of Finance (Dcparuncnt or Econorn ic Alfairx): (iii) the Sccrcrnry to the Government of India in the Ministry of Law and Justice: (iv) the Govcrnor.i of the Reserve 8;1IIk O!' the Deputy Governor or the Reserve Bank nominated by the COVCI'll<l!' \11 the Reserve Bank: (v) Al'nSpeci<lV.l\dditiol1JI Secretary 10 the GOVC:I'nI1lClIl or lndia ill tile!VlinislI'y of Finance, Dcp.mmcnt or I~Lo)ntlllll'" All;lirs, (8ankin!!. Divisiou) oran (1 t"lice I' not below the rank olJouu SCCI'e!;II'\' ill the [3;lIlkin!!.l)i\'isioIlIIOllll<l;lll",1 [1\ the,§peci;lYAdditioll<l1 Sccretarv in the Bauking Division. •. - (21 The ChiefJustice olIndi.: the .iCld!,!c or the Supreme Court shall be the Chuirman ofrhc Seicctillll Commiucc. (3) Anv three members of the Commiuce inclutiilig the Chairman shall tonn a quorum 1'01' Illcctillg or the Comuutu- (-1) Th\' :--;cicctilln Conuniuee llIay devise its 0\\'11 procedure I'm selL-cting a candid.ue lor aPf'')illtmel1t as Prcsidir«: t" 1ThL' Sclection Committee sh:111 recommend persons l(lI" appouiuucnr JS Presiding Officer 1'1'0111amongst the PC:i'·,' -t . 011 the list (11 cllitiicbtl'S prepared Ill' the Minisu. otlinuncc :11'1\'1"ill\'itillg applications therefor hv advertisement. «)! Thl' Cl'l1lr;1i l; ovcrnm en: shall 011 rhe b~ISIS or the recommendations of the Selection Committee makc « II" JlL'l""'11" ,,'I','l'iL'd lor ;ll1p"intI11Cllt as Presiding Officer and the xnid hxt shall be valid far a period oftwo ye<ll's, The ,lppoilltll:':'ll "f;II'rc,iciIW: (iI'licl'r shall he made 1'1'0111till' list Stl prepared, 1'111:ljAI.LTTE OF INDIA: EXTI<AORDIN/\I\y ,~. 'Medical Pill1ess.- No Jl~rsoll shall be appointed as a Presiding Officer unless he is dcclnrcd medically lit hy a Medica] BO;Jr(j to be constituted by the Central Government for the purpose unless he has already been declared IiI by an equivalent authority. 5. Inlerprel<llion.- II' anv question arises relating 10 the interpretation or these m1cs,the same shnl] he referred 10 Ihe C cutral Government for its dccisiou. (). S;lving.- Nothing in these rules sh;111 ;!llect reservations, relaxation ol'age limit and other concessions required 10 he provi(kd Ill!' the Scheduled Castes, Scheduled TI'th's, other Ilackll':ml Classes, ex-servicemen ;1!ld other special c~tcgnries nl' I'l'rSI)IIS. in accordance with the orders issued bv the Central Govcnuucnt Iroiu rime In time in this regard. -: (l:l!hs of office and secrecy - Every person appointed to be I'rdiding Officer under section 9 ofthe ACI shall. before "1';,: !1I'! 11j'''11 his of lice, make and subscribe an oath of office alld secrecy ill the F()I'IIIS :lnllL'.\cd 10 these rules. ANNEXURE FORM-I (Sel' Rule 7) FIlI'IIl 01' o.uh or office Ill!' Presiding Officer or the Debts.Recovery Appellate Tribunal. 'I (N:IIII(' Ill' the l'rcxidim; nflicer), having been appointed as I'residing Officer do solemnly affirm/do swear ill till' 1\,1111('or I' !lIt! 111:11I wil] 1;litlll'li1I)' :lIld cnnsc icntiouslv discharge l11y duties as Presidillg Officer to the best or Illy ability, klloll'kd!-!l' :111.1IIld!,!l'llI\.'111. withou: Ic.u or 1;II'Ollr, :iI'i't.:rlioll Ill' ill will. NAME OF rm: PHESIOINC OFFICER DEBTS RECOVERY APPELLATE TRIBUNAL FORM - II (See rule 7) lonn or oath or secrecy for Presiding Officer or the Debts Recovery Appellate Tribunal. "1... . ( Name or the Prcsid ing Officer), havillg been appointee as Presid ing Officer do -solcmnly a ffirm/do swear in "'" u.unc orCiod Ih:lt 1 will not directly or indirectly communicate or reveal to any person or persons any matter which sh:111 11(: bl\lIdli 1111\\.:1'111\ cousidcr.uion or shall become.known to me as Presiding Officer of said Debts Recovery Appellate Tribun.r] ,,',--n'!,1 ;)'; In,I\' he rC'l1l ired 1'01'the due discharge of Illy duties as the Presiding Officer." NAME OF THE PRESIDING OFFICER DEBTS RECOVERY APPELLATE TRIBUNAL 3-lf~ '1i~, 19~, 1998 ~{;1~) f-r<:p:r, 1998 % I