Lawgist21Payment of amount on cessation of practice
(1) Every advocate who has been a member of the Fund for a period of not less than five years shall, on his cessation of practice, be paid an amount at the rate specified in Schedule I:
Provided that where the Trustee Committee is satisfied that a member of the Fund ceases to practice within a period of five years from the date of his admission as a member of such Fund as a result of any permanent disability, the Trustee Committee may pay such member an amount at the rate specified in Schedule I.
(2) Where a member of the Fund dies before receiving the amount payable under sub-section (1), his nominee or legal heir, as the case may be, shall be paid the amount payable to the deceased member of the Fund.
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- 18 Membership in Fund
- 19 Ex gratia grant to a member of Fund
- 20 Review
- 21 Payment of amount on cessation of practice
- 22 Restriction on alienation, attachment, etc., of interest of member in Fund
- 23 Exemption from income-tax
- 24 Group Life Insurance for members of Fund and other benefits
- 25 Appeal against decision or order of Trustee Committee
