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      Question

      Consider the following statement about National Company

      Law Tribunal (NCLT): 1. It is a quasi-judicial body. 2. It adjudicates issues relating to Indian companies. 3. The tribunal was established under the Companies Act 2016. Which of the above statement is/are not correct?
      A 1 only Correct Answer Incorrect Answer
      B 2 only Correct Answer Incorrect Answer
      C 3 only Correct Answer Incorrect Answer
      D 1 and 2 both Correct Answer Incorrect Answer
      E 2 and 3 both Correct Answer Incorrect Answer

      Solution

      National Company Law Tribunal (NCLT) is a quasi-judicial body in India that adjudicates issues relating to Indian companies. The tribunal was established under the Companies Act 2013.

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