CS Executive NCLT and Special Courts under Companies Act — practice questions
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Practice CS Executive NCLT and Special Courts under Companies Act in the app →The Supreme Court in *Virindar Kumar Satyawadi v. State of Punjab*, AIR 1956 SC 153, distinguished a **Court**In *L. Chandrakumar v. Union of India*, AIR 1997 SC 1125, the **seven-judge bench** of the Supreme Court held In *Union of India v. R. Gandhi, President, Madras Bar Association*, (2010) 11 SCC, the Supreme Court ruled onThe **National Company Law Tribunal (NCLT)** was constituted under which section of the Companies Act, 2013, aAccording to Section 408 of the Companies Act, 2013, the NCLT shall consist of:The **Principal Bench** of the National Company Law Tribunal is located at:Under the default rule in Section 419 of the Companies Act, 2013, the powers of the NCLT shall be exercisable Under Section 424(2) of the Companies Act, 2013, the NCLT has the same powers as are vested in a civil court uUnder Section 420 of the Companies Act, 2013, the NCLT may rectify any mistake apparent on the face of the recSection 425 of the Companies Act, 2013, vests the NCLT with the same jurisdiction, powers, and authority in reUnder Section 221(1) of the Companies Act, 2013, the NCLT may order **freezing of assets** of the company on iUnder Section 241 read with Section 242 of the Companies Act, 2013, the NCLT may pass orders in cases of **oppSection 245 of the Companies Act, 2013 (Class Action Suits) and Section 241 (Oppression and Mismanagement) feeIn a winding-up proceeding, the NCLT must appoint the **Company Liquidator** under Section 275(1)&(2) of the CUnder Section 252(1) of the Companies Act, 2013, the NCLT may order **restoration of the name** of a company sUnder Section 245 of the Companies Act, 2013, **class action suits** before the NCLT may be filed by:Under Section 7(7) of the Companies Act, 2013, if a company has been incorporated by furnishing false or incorUnder Sections 230, 231 and 232 of the Companies Act, 2013, the NCLT supervises **compromise, arrangement and Under Section 410 of the Companies Act, 2013, the **National Company Law Appellate Tribunal (NCLAT)** consistsUnder Section 130(1) of the Companies Act, 2013, the NCLT may allow a company to:Under Section 252(1) read with Section 248, the NCLT may order **winding up of a company whose name has been sUnder Section 271 of the Companies Act, 2013, the NCLT may wind up a company under various circumstances. The Under Section 426 of the Companies Act, 2013, the NCLT has the power to:Under Section 441 of the Companies Act, 2013, the **Special Courts** under the Act may compound offences punis