Under section 415(1) of the Companies Act, 2013, when the office of President of the NCLT falls vacant,…
Section 415(1) provides for the senior-most Member to act as NCLT President until the newly appointed President enters office. It does not prescribe a fixed six-month term…
Choose your answer
Under section 415(1) of the Companies Act, 2013, when the office of President of the NCLT falls vacant, how long does the senior-most Member act as President?
Answer and explanation
Correct answer B
Section 415(1) provides for the senior-most Member to act as NCLT President until the newly appointed President enters office. It does not prescribe a fixed six-month term or an election by Tribunal members.
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