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      Question

      Which body serves as the primary Adjudicating Authority

      for companies and LLPs under the IBC?
      A Debt Recovery Tribunal (DRT) Correct Answer Incorrect Answer
      B National Company Law Tribunal (NCLT) Correct Answer Incorrect Answer
      C Debt Recovery Appellate Tribunal (DRAT) Correct Answer Incorrect Answer
      D Reserve Bank of India (RBI) Correct Answer Incorrect Answer
      E National Company Law Appellate Tribunal (NCLAT) Correct Answer Incorrect Answer

      Solution

      The National Company Law Tribunal (NCLT) acts as the main adjudicating authority for corporate entities under the IBC.

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