Recovery of Debts and Bankruptcy Act provides that a

Solution

Section 10.   Qualifications for appointment as Chairperson of the Appellate Tribunal: 10. Qualifications for appointment as the Chairperson of the Appellate Tribunal- A person shall not be qualified for appointment as the Chairperson of an Appellate Tribunal unless he--(a) is, or has been, or is qualified to be, a Judge of a High Court; or (b) has been a member of the Indian Legal Service and has held a post in Grade I of that service for at least three years; or (c) has held office as the Presiding Officer of a Tribunal for at least three years.