Following the assesnt of President Pranab Mukherjee the 124th Constitution (Amendement) Bill became an Act and that will lead to setting up of the National Judicial Appointments Commission (NJAC).
The new law facilitates the setting up of a commission for appointment of judges, replacing the 20-year-old collegium system, which has been under severe criticism. Henceforth, NJAC will appoint and transfer judges to the Supreme Courts and the 24 High Courts.
The 124th amendment to the Constitution grants Constitutional status to the NJAC and its composition. The Commission will have the Chief Justice of India as chairperson and two senior-most judges of the Supreme Court as members, apart from the Union Law Minister and two eminent personalities, with one of them nominated from among the Scheduled Castes, the Scheduled Tribes, minorities, Other Backward Classes or women.