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?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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