Under the Companies Act, 2013, the National Company Law Tribunal is constituted by:
Section 408 provides that "The Central Government shall, by notification, constitute, with effect from such date as may be specified therein, a Tribunal to be known as the…
Choose your answer
Under the Companies Act, 2013, the National Company Law Tribunal is constituted by:
Answer and explanation
Correct answer C
Section 408 provides that "The Central Government shall, by notification, constitute, with effect from such date as may be specified therein, a Tribunal to be known as the National Company Law Tribunal". The NCLT is set up under the Companies Act itself, not by a separate statute or by an order of the Chief Justice.
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