The dissolution of tribunals are part of the 40 amendments to different Acts which were moved along with the Finance Bill, 2017, which was approved by the Lok Sabha.
The tribunals being scrapped include the Competition Appellate Tribunal, whose functions would be taken by the National Company Law Appellate Tribunal (NCLAT).
Airports Economic Regulatory Authority Appellate Tribunal and Cyber Appellate Tribunal would be replaced and their functions would be taken over by the Telecom Disputes Settlement and Appellate Tribunal (TDSAT), according to the amendments approved today.
The National Highways Tribunal would be replaced and its functions would be taken over by the Airport Appellate Tribunal while the function of the Employees Provident Fund Appellate Tribunal would be taken over by the Industrial Tribunal.
In the amendments, the government has consolidated appointment rules for president, vice president, chairman, vice-chairman and members of 19 tribunals.
These tribunals include Income Tax Appellate Tribunal (ITAT), Central Excise and Service Tax Tribunal (CESTAT), Securities Appellate Tribunal (SAT), National Company Law Appellate Tribunal (NCLAT), Authority for Advance Rulings (AAR) under Income Tax Act and National Green Tribunal (NGT).
According to the amendments, the officials of the tribunals that are being dissolved will be entitled to receive up to three months' pay and allowances for premature termination of their office term.
Officers of tribunals that will cease to exist after the merger will stand reverted to their parent cadre, ministries or departments.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
