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THE GAZETTE OF INDL \ • EXTRAORDINARY IPJ..RT Il-SEC. 3 (i)]

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!i1l1\'JSTRY OF FmANCE

. (Depart ment of Economic Affairs)

(Banking Division)

NOTlF1CATION

New Dd11i, tile Znd August, 2000

G.S.R G45(E),_lnexercise_oithe powers conferred by section 4 read v..ith clause (e)

of sub-section (2) ofsectioD 36 of the Recovery of Debts Due to Banks and Financial

Institutions Act, 1993 (51 of 1993), the Central Government hereby makes the following

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rules to amend the Debts Recovery . Appellate .Tribunal (procedure for appointment
,
as
'Presiding Ofiicerof the Appellate TribunaljRules, 1998, namely :_

L (1) These rules may be called the Debts Recovery Appellate Tribuna!

- .- ,- .• .-1~
-JPmcP-Aiure .for appointment as ChairpersonIof .•t,he:6.Ppy~at~ ;1D~unalJ
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:.----Aillendment Rules2DOD. - " ." .. \<r .'"
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,i,~:>-f;15it·,;,__-::(2)-;.,:'~-n;);-sh,ill't~meinto forceoU: tl1e date of their p~blicatio? in th~ 'official
\!,~.' .Gazette.
;.

.~ 2_
. In the Debts Recovery Appellate Tribunal (Procedure.for appointr:!ent as Presiding
. -,Officer of the Appellate TribunaJ) Rules, 1998, _

.'.\ (a) in the short title, for the wQrds. "Presiding Officer", thy word "Chairperson,"
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be substituted;
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-_--;-_, -v shall
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. (b)
In the rules, for the word "Presiding Officer" wherever it occurs, the ..
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. words "Chairperson" shall be substituted;

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 (c) In rule J, for sub-rules (4) and (5), the following sub-ruJesshall be
substituted, namely :_
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"(4) The Selection Committee may devise its own procedure inCluding
interview for selection and appointment of Chairperson

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Provided that the procedure of interview shall not appJ/in case of a

Judge of a High Court nominated by the Chief Justice of such .High Court,

(5) The Selection Committee shall recommend persons for appointment

of Chairperson, _

from amongst the persons from the list of candidates prepared

bvJ the MinistrvJ of FiT]?[1Cf'
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after
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invitin y2
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applications; and
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from' amongst' the Judges of High Court nominated by the
Chief Justice of such High Courts,",

[F No.1Il0f~7-DRTJ
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ANOOP!vUSHRA, )t Secy

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