Question

  Who has the power to constitute the National Company Law Tribunal?

A Central Government Correct Answer Incorrect Answer
B State Government Correct Answer Incorrect Answer
C ROC Correct Answer Incorrect Answer
D Supreme Court Correct Answer Incorrect Answer

Solution

Section 408 -  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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