Constitution of Board.

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..... etary or equivalent, one each to represent the Ministry of Finance, the Ministry of Corporate Affairs and Ministry of Law, ex officio; (c) one member to be nominated by the Reserve Bank of India, ex officio ; (d) five other members to be nominated by the Central Government, of whom at least three shall be the whole-time members. (2) The Chairperson and the other members shall be persons of abil .....

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..... subjects, to be nominated by the Central Government-Members. (4) The term of office of the Chairperson and members (other than ex officio members) shall be five years or till they attain the age of sixty five years, whichever is earlier, and they shall be eligible for re-appointment. (5) The salaries and allowances payable to, and other terms and conditions of service of, the Chairperson and me .....

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