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Under section 410 of the Companies Act, 2013, who determines the number of Judicial and Technical…

Section 410 provides for a Chairperson and as many Judicial and Technical Members as the Central Government deems fit. Section 58 of the Companies (Amendment) Act, 2020…

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Under section 410 of the Companies Act, 2013, who determines the number of Judicial and Technical Members of the National Company Law Appellate Tribunal?

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Answer and explanation

Correct answer A

Section 410 provides for a Chairperson and as many Judicial and Technical Members as the Central Government deems fit. Section 58 of the Companies (Amendment) Act, 2020 omitted the former eleven-member ceiling with effect from 22 January 2021.

Option feedback

Option A

Section 410 leaves the number of Judicial and Technical Members to the Central Government.

Option B

The Chairperson is part of the Appellate Tribunal. Section 410 assigns the decision on member numbers to the Central Government.

Option C

Section 410 assigns the decision on member numbers to the Central Government.

Option D

Section 410 assigns the decision on Appellate Tribunal member numbers to the Central Government.

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