BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The NCLAT was constituted under Section 410 of the Companies Act, 2013. What is the meaning of “A” in NCALT?
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Agreement
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Association
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Appellate
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Agency
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Explanation:
Detailed explanation-1: -National Company Law Appellate Tribunal (NCLAT) was constituted under Section 410 of the Companies Act, 2013 for hearing appeals against the orders of National Company Law Tribunal(s) (NCLT), with effect from 1st June, 2016.
Detailed explanation-2: -Any person aggrieved by the order of NCLT then appeal any order on Question of Law and Fact within 45 Days to NCLAT and any person aggrieved by the order of NCLAT then appeal on Question of Law within 60 Days to Supreme Court.
Detailed explanation-3: -An appeal needs to be filed in Form NCLT. 1 accompanied with the notice of admission in Form NCLT-2.
There is 1 question to complete.