MCA issues New Recruitment Rules for Company Prosecutor Positions [Read Notification]

On November 11, 2024, the Ministry of Corporate Affairs ( MCA ) published updated guidelines for recruiting Company Prosecutors. These new rules apply to positions classified under Group ‘B’, Gazetted posts. Name of Post: Company Prosecutor. Number of Posts: There are 120 positions available though this number may change depending on workload. Classification: The role falls under General Central Service, Group ‘B’, Gazetted, Ministerial. Boost Your Business with SME IPO Funding Strategies - Enroll Now Level in Pay Matrix: The position is categorized at Level-7 in the pay matrix, with a salary range of Rs. 44,900 to Rs. 1,42,400. Selection Post or Non-selection Post: This is classified as a non-selection post. Age Limit for Direct Recruits: The maximum age for direct recruits is 30 years, with an age relaxation of up to 5 years for government servants. Educational and Other Qualifications for Direct Recruits: Candidates must hold a bachelor’s degree in law or an integrated degree in law from a recognized university. Whether Age and Educational Qualifications Apply to Promotees: These requirements do not apply to promotees. Boost Your Business with SME IPO Funding Strategies - Enroll Now Period of Probation: The probation period is two years which includes mandatory induction training of at least two weeks. Method of Recruitment: Recruitment is primarily through direct hiring though deputation may be considered if a position is vacant for over a year or more due to absence for reasons such as illness or leave. In Case of Promotion, Grades from which Promotion to be Made: Promotion is not applicable for this role. Departmental Promotion Committee Composition: The committee consists of the following members: Joint Secretary, Ministry of Corporate Affairs (Chairman) Director or Deputy Secretary (Member) Under Secretary (Member) Boost Your Business with SME IPO Funding Strategies - Enroll Now Consultation with UPSC: Consultation with the Union Public Service Commission (UPSC) is required for the direct recruitment process. Disqualification Criteria: Candidates are disqualified if they are married to someone who has a living spouse or if they have a living spouse and have married someone else. However, the Central Government may allow exceptions if the marriage is legally permitted under applicable personal law and valid reasons exist. Authority to Relax Rules: The Central Government can relax some requirements for certain groups if necessary. Such relaxations must be justified in writing and done in consultation with the Union Public Service Commission (UPSC). Boost Your Business with SME IPO Funding Strategies - Enroll Now Reservations and Special Concessions: These rules uphold any reservations, age relaxations, or other concessions granted to Scheduled Castes, Scheduled Tribes, Other Backward Classes, ex-servicemen, and other special categories as directed by the Central Government. The exact Schedule from the Notification Sl.No.TitleDescription1Name of PostCompany Prosecutor2Number of Posts120 (subject to variation depending on workload)3ClassificationGeneral Central Service, Group ‘B’, Gazetted, Ministerial4Level in Pay MatrixLevel-7 (₹44,900 – ₹1,42,400)5Selection Post or Non-selection PostNot applicable6Age Limit for Direct RecruitsNot exceeding 30 Years. Relaxable for government servants upto five years in accordance with the instructions or orders issued by the Central Government. Note - The crucial date for determining the age limit shall be as advertised by the Union Public Service Commission.7Educational and Other Qualifications for Direct RecruitsBachelor degree in law or integrated degree in law from a recognized university or institution. Note - Qualifications are relaxable at the discretion of the Union Public Service Commission for reasons to be recorded in writing, in the case of candidates otherwise well qualified.8Whether age and educational qualifications prescribed for direct recruits will apply in the case promotees. Not applicable9Period of ProbationTwo years Note - Direct recruits would be required to successfully complete a mandatory induction training of at least two weeks duration, as prescribed by the competent authority, for completion of probation.10Method of recruitment whether by direct recruitment or by promotion or by deputation or absorption and the percentage the vacancies to be filled by various methods. By direct recruitment. Note - Vacancies caused by the incumbent being away on deputation or long illness or study leave or under other circumstances for duration of one year or more may be filled on deputation basis from officers of the Central Government— (a) (i) holding analogous post on regular basis; or (ii) with five years regular service in post in level 6 of the pay matrix rendered after appointment thereto on regular basis; and (b) possessing the qualifications prescribed for direct recruits under column (7).11In case of recruitment by promotion or deputation or absorption, grades from which promotion or deputation or absorption to be made.Not applicable12If Departmental Promotion Committee exists, what is its composition.Departmental Confirmation Committee (for considering confirmation) consisting of: 1. Joint Secretary, Ministry of Corporate Affairs — Chairman; 2. Director or Deputy Secretary of administration, Ministry of Corporate Affairs — Member; 3. Under Secretary of Administration, Ministry of Corporate Affairs — Member13Circumstances in which Union Public Service Commission is to be consulted in making recruitment.Consultation with Union Public Service Commission is necessary while making direct recruitment. Support our journalism by subscribing to Taxscan premium. Follow us on Telegram for quick updates