Under section 417(2) of the Companies Act, 2013, removal of an NCLT President or Member for proved…
Under s.417(2), a member cannot be removed for "proved misbehaviour or incapacity" except after "an inquiry made by a Judge of the Supreme Court nominated by the Chief…
Choose your answer
Under section 417(2) of the Companies Act, 2013, removal of an NCLT President or Member for proved misbehaviour or incapacity requires an inquiry by whom?
Answer and explanation
Correct answer C
Under s.417(2), a member cannot be removed for "proved misbehaviour or incapacity" except after "an inquiry made by a Judge of the Supreme Court nominated by the Chief Justice of India on a reference made to him by the Central Government". The member must be told of the charges and given a reasonable opportunity of being heard.
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