Question

Discuss the powers and constitution of the National Company Law Tribunal.

21 Dec 2024
Answer :
Word Count : 278

The National Company Law Tribunal (NCLT) is a quasi-judicial body established under the Companies Act, 2013 to adjudicate corporate disputes and resolve issues relating to companies. The NCLT was constituted to streamline the process of company law litigation and reduce the burden on the courts. It exercises the powers and functions of the former Company Law Board, the Board for Industrial and Financial Reconstruction (BIFR), and certain other tribunals ___ _________ _______ _______ _____ _________ ____ __________ _____.
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