In *Union of India v. R. Gandhi, President, Madras Bar Association*, (…

Question

In *Union of India v. R. Gandhi, President, Madras Bar Association*, (2010) 11 SCC, the Supreme Court ruled on:

Accepted Answer

C. {'text': 'The constitutional validity of the National Company Law Tribunal and the National Company Law Appellate Tribunal, which was upheld on 14th May 2015', 'label': 'C'}

1. *Union of India v. R. Gandhi, President, Madras Bar Association*, (2010) 11 SCC, decided the long-running constitutional challenge to the NCLT/NCLAT.
2. The Supreme Court **upheld the constitutional validity** of the Tribunal and the Appellate Tribunal under the Companies (Second Amendment) Act, 2002.
3. The ruling was given on **14th May 2015** and paved the way for the Central Government to notify the Tribunal and Appellate Tribunal under the Companies Act 2013.
4. The other options misstate the holding.
_Source: ICSI CS Executive Paper 1 — Jurisprudence, Interpretation & General Laws, Lesson 12 (Special Courts, Tribunal under Companies Act and other Legislations), pp. 273-283._

Answer

{'text': 'The constitutional validity of the abolition of the Board for Industrial and Financial Reconstruction with effect from any date under any provision of the SICA Act 1985 regardless of any other consideration of any kind', 'label': 'A'}

Answer

{'text': 'The constitutional validity of the abolition of the Company Law Board with effect from any date under any provision of the Companies Act 2013 regardless of any other consideration of any kind', 'label': 'B'}

Answer

{'text': 'The constitutional validity of the abolition of every special court under the Companies Act 2013 with effect from any date under any provision of the Companies Act 2013 regardless of any other consideration of any kind', 'label': 'D'}