Question

According to the Companies Act what is the time period within which an appeal filed before the Appellate Tribunal shall be dealt with and disposed of by it?

A Within sixty days from the date of its presentation Correct Answer Incorrect Answer
B Within thirty days from the date of its presentation Correct Answer Incorrect Answer
C Within forty-five days from the date of its presentation Correct Answer Incorrect Answer
D Within three months from the date of its presentation Correct Answer Incorrect Answer
E Within one hundred and twenty-five days from the date of its presentation Correct Answer Incorrect Answer

Solution

Explanation: Section 422. Expeditious disposal by Tribunal and Appellate Tribunal: (1) Every application or petition presented before the Tribunal and every appeal filed before the Appellate Tribunal  shall be dealt with and disposed of by it as expeditiously as possible and every endeavour shall be made by the Tribunal or the Appellate Tribunal, as the case may be, for the disposal of such application or petition or appeal within three months from the date of its presentation before the Tribunal or the filing of the appeal before the Appellate Tribunal.

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