Under section 410 of the Companies Act, 2013, the National Company Law Appellate Tribunal consists of a…
Section 410 now provides that the NCLAT consists of a Chairperson and such number of Judicial and Technical Members as the Central Government may deem fit, appointed by…
Choose your answer
Under section 410 of the Companies Act, 2013, the National Company Law Appellate Tribunal consists of a Chairperson and:
Answer and explanation
Correct answer B
Section 410 now provides that the NCLAT consists of a Chairperson and such number of Judicial and Technical Members as the Central Government may deem fit, appointed by notification. The earlier cap of "not exceeding eleven" members was omitted by section 58 of the Companies (Amendment) Act, 2020, so no statutory maximum now applies.
The figure of nine judicial and two technical members has no basis in the section, and the Chief Justice of India does not determine the number of members; the Central Government does.
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