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Under section 410 of the Companies Act, 2013, how is the number of Judicial and Technical Members of…

Section 410 originally capped the number of Judicial and Technical Members at eleven. Section 58 of the Companies (Amendment) Act, 2020 removed that cap with effect from 22…

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Under section 410 of the Companies Act, 2013, how is the number of Judicial and Technical Members of the National Company Law Appellate Tribunal, apart from its Chairperson, determined?

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Answer and explanation

Correct answer A

Section 410 originally capped the number of Judicial and Technical Members at eleven. Section 58 of the Companies (Amendment) Act, 2020 removed that cap with effect from 22 January 2021. The 2017 amendment to section 410 concerned appellate jurisdiction. The Central Government now determines the number without a numerical cap in section 410.

Option feedback

Option A

Section 410 leaves the number to the Central Government. Section 58 of the 2020 amendment removed the cap of eleven.

Option B

Eleven was the former cap. The 2020 amendment removed it with effect from 22 January 2021.

Option C

Section 410 does not set a cap of nine members.

Option D

Section 410 does not set a cap of seven members.

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