Section 36-I
Establishment of Appellate Tribunal.
The National Housing Bank Act, 1987
About this Act
An Act to establish a bank to be known as the National Housing Bank to operate as a principal agency to promote housing finance institutions both at local and regional levels and to provide financial and other support to such institutions and for matters connected therewith or incidental thereto.
1[36-I. Establishment of Appellate Tribunal.--(1) The Central Government shall, by notification,
establish one or more Appellate Tribunals, to be known as the Housing Finance Institutions Debt
Recovery Appellate Tribunals, to exercise the jurisdiction, powers and authority conferred on such
Tribunal by or under this Act.
(2) The Central Government shall also specify in the notification referred to in sub-section (1), the areas in relation to which the Appellate Tribunal may exercise jurisdiction.
(3) Notwithstanding anything contained in sub-sections (1) and (2), the Central Government may authorise the Presiding Officer of an Appellate Tribunal to discharge also the functions of the Presiding Officer of other Appellate Tribunal.]
(2) The Central Government shall also specify in the notification referred to in sub-section (1), the areas in relation to which the Appellate Tribunal may exercise jurisdiction.
(3) Notwithstanding anything contained in sub-sections (1) and (2), the Central Government may authorise the Presiding Officer of an Appellate Tribunal to discharge also the functions of the Presiding Officer of other Appellate Tribunal.]
Notes
1. Ins. by Act 15 of 2000, s. 20 (w.e.f. 12-6-2000).