MCA wide its notification no. G.S.R. 1061 (E).dated 23rd August, 2017; has notified the National Company Law Appellate Tribunal (Amendment) Rules, 2017 which shall come into force on the date of publication in Official Gazette.
Vide said notification; existing Rule 63 is substituted for following:
“63.Appearance of authorised representative.- (1) Subject to provisions of section 432 of the Act, 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 of Companies or Official Liquidator may authorise an officer or an Advocate to 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.”
In sub rule 1 in last line word “of” is replaced with word “or” . Further sub rule 2 and 3 inserted vide said notification.
The said notification is available on following link:MCA Noti.1061(E)dt 23.08.17 NCLAT (Amendment) Rules17