Which Court or Authority has the power to punish any person for contempt of the National Company Law…
Section 425 of the Companies Act, 2013 gives the Tribunal and the Appellate Tribunal the same jurisdiction, powers and authority in respect of contempt of themselves as a…
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Which Court or Authority has the power to punish any person for contempt of the National Company Law Tribunal?
Answer and explanation
Correct answer D
Section 425 of the Companies Act, 2013 gives the Tribunal and the Appellate Tribunal the same jurisdiction, powers and authority in respect of contempt of themselves as a High Court has, applying the Contempt of Courts Act, 1971 with modifications. Hence the "National Company Law Tribunal" can itself punish contempt of the Tribunal.
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