Under Section 410 of the Companies Act, 2013, the **National Company L…

Question

Under Section 410 of the Companies Act, 2013, the **National Company Law Appellate Tribunal (NCLAT)** consists of a Chairperson and such number of Judicial and Technical Members:

Accepted Answer

C. {'text': 'Not exceeding eleven, as the Central Government may deem fit', 'label': 'C'}

1. Lesson 12 reproduces Section 410's composition rule for the NCLAT.
2. The NCLAT consists of a **Chairperson** and **Judicial and Technical Members, not exceeding eleven**, as the Central Government may deem fit.
3. The NCLAT hears appeals against NCLT orders and orders of the National Financial Authority.
4. The eleven-member cap is a statutory ceiling on the size of the Appellate Tribunal.
_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': 'Not exceeding thirty-one, as the Speaker of Parliament of India may deem fit on the recommendation of the Central Government of India under any provision of any law in force in any State of India regardless of any other consideration of any kind', 'label': 'A'}

Answer

{'text': 'Not exceeding twenty-one, as the Chief Justice of India may deem fit on the recommendation of the Central Government of India under any provision of any law in force in any State of India regardless of any other consideration of any kind', 'label': 'B'}

Answer

{'text': 'Not exceeding one hundred and one, as the President of the Republic of India may deem fit on the recommendation of the Central Government of India under any provision of any law in force in any State of India regardless of any other consideration of any kind', 'label': 'D'}