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    Question

    As per section 408 of the Companies Act the National

    Company Law Tribunal shall consist of ________________
    A President Correct Answer Incorrect Answer
    B Judicial or Technical members Correct Answer Incorrect Answer
    C Judicial and Technical members Correct Answer Incorrect Answer
    D Both (a) & (c) Correct Answer Incorrect Answer

    Solution

    Explanation: Section 408 Constitution of National Company Law Tribunal- The Central Government shall, by notification , constitute, with effect from such date as may be specified therein, a Tribunal to be known as the National Company Law Tribunal consisting of a President and such number of Judicial and Technical members, as the Central Government may deem necessary, to be appointed by it by notification, to exercise and discharge such powers and functions as are, or may be, conferred on it by or under this Act or any other law for the time being in force.

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