Under the Companies Act, 2013, the powers of the Appellate Tribunal may be exercised by:
Section 418A(1) provides that the powers of the Appellate Tribunal "may be exercised by Benches, constituted by the Chairperson of the Appellate Tribunal", each with a…
Choose your answer
Under the Companies Act, 2013, the powers of the Appellate Tribunal may be exercised by:
Answer and explanation
Correct answer C
Section 418A(1) provides that the powers of the Appellate Tribunal "may be exercised by Benches, constituted by the Chairperson of the Appellate Tribunal", each with a Judicial and a Technical Member. The Central Government notifies where Benches sit, but the Chairperson constitutes them.
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