GOTTUMUKKALA VENKATA KRISHAMRAJU vs UNION OF INDIA

The Supreme Court examined the provisions of the Recovery of Debts and Bankruptcy Act, 1993, particularly Sections 3 to 6, regarding the appointment and term of office of Presiding Officers of Debt Recovery Tribunals. The Court held that the amendments made by Act 44 of 2016, which allow for a five-year term and eligibility for reappointment, are valid and enforceable, thus clarifying the legal framework governing such appointments. The Court emphasized that the age limit for holding office is now set at sixty-five years, superseding the previous limit of sixty-two years.