Salary, allowances and other terms and conditions of service of Members
Section 414 of the Companies Act, 2013 deals with salary, allowances and other terms and conditions of service of Members. The salary, allowances and other terms and conditions of service of the Members of the Tribunal and the Appellate Tribunal shall be such as may be prescribed: Provided that neither the salary and allowances nor the other terms and conditions of service of the Members shall be varied to their disadva The Act came into force on 01 Apr 2014.
The salary, allowances and other terms and conditions of service of the Members of the Tribunal and the Appellate Tribunal shall be such as may be prescribed:
Provided that neither the salary and allowances nor the other terms and conditions of service of the Members shall be varied to their disadvantage after their appointment.
Section 414, The Companies Act, 2013 (Act 18 of 2013).
Made under this section, and citing it
4 instruments state that it was made under this provision — the power to make it comes from here, so a change to any of them changes what this section requires in practice. Newest first.
- Amendment to NCLT (Salary, Allowances and other Terms and Conditions of Service of President and other Members) Rules, 2015 regarding Pay protectionRule 2018
- Finalized National Company Law Appellate Tribunal service condition Rules of Chairperson and Members - yet to be notified.Rule 2015
- Finalized National Company Law Tribunal service condition Rules of President and Members - yet to be notified.Rule 2015
- The National Company Law Appellate Tribunal (Salaries and Allowances and other terms and conditions of service of the Chairperson and other Members) Rules, 2015.Rule 2015
Another 1 instrument names this provision in its title or its text without being made under it.
Questions about Section 414
What does Section 414 of the Companies Act deal with?
Section 414 of the Companies Act is headed "Salary, allowances and other terms and conditions of service of Members". The salary, allowances and other terms and conditions of service of the Members of the Tribunal and the Appellate Tribunal shall be such as may be prescribed: Provided that neither the salary and allowances nor the other terms and conditions of service of the Members shall be varied to their disadva
How do I find court cases under Section 414 of the Companies Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Companies Act 414, section 414 Companies Act, section 414 of the Companies Act. People searching for it also type companies act 414c. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 414 of the Companies Act, and has it changed?
The rules and notifications made under it are where it actually bites, and there are 4: most recently Amendment to NCLT (Salary, Allowances and other Terms and Conditions of Service of President and other Members) Rules, 2015 regarding Pay protection (2018), then Finalized National Company Law Appellate Tribunal service condition Rules of Chairperson and Members - yet to be notified. (2015), and 2 more.
When did Section 414 of the Companies Act come into force?
Section 414 of the Companies Act, cited as Companies Act 414, came into force on 01 Apr 2014, having been enacted on 29 Aug 2013. It is in force as at the date shown on this page.
Other sections of this Act
- 2. Definitions5089 words
- 143. Powers and duties of auditors and auditing standards1867 words
- 230. Power to compromise or make arrangements with creditors and members1432 words
- 232. Merger and amalgamation of companies1416 words
- 149. Company to have Board of Directors1403 words
- 217. Procedure, powers, etc., of inspectors1390 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 15 Oct 2026. This page is not a substitute for legal advice.