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The **Principal Bench** of the National Company Law Tribunal is located at:
A{'text': 'Mumbai, presided over by a Vice-President of the National Company Law Tribunal under any provision of any law in force in any State of India regardless of any other consideration of any kind', 'label': 'A'}
B{'text': 'New Delhi, presided over by the President of the National Company Law Tribunal', 'label': 'B'}
C{'text': 'Kolkata, presided over by the senior-most Judicial Member of the National Company Law Tribunal under any provision of any law in force in any State of India regardless of any other consideration of any kind', 'label': 'C'}
D{'text': 'Chennai, presided over by the senior-most Technical Member of the National Company Law Tribunal under any provision of any law in force in any State of India regardless of any other consideration of any kind', 'label': 'D'}
Answer & Solution
Correct answer: B. {'text': 'New Delhi, presided over by the President of the National Company Law Tribunal', 'label': 'B'}
1. The "Benches of NCLT" table in Lesson 12 specifies the Principal Bench.
2. "The Principal Bench of the Tribunal shall be at **New Delhi** which shall be presided over by the **President** of the Tribunal."
3. Other Benches across India are constituted by the Central Government by notification.
4. The location and presiding officer are statutorily fixed.
_Source: ICSI CS Executive Paper 1 — Jurisprudence, Interpretation & General Laws, Lesson 12 (Special Courts, Tribunal under Companies Act and other Legislations), pp. 273-283._
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