Which is appellate tribunal under Companies

Solution

Under the Companies Act, 2013, the National Company Law Tribunal (NCLT) is the quasi-judicial body that adjudicates company law matters in the first instance. If a party is aggrieved by an order of the NCLT, it can file an appeal before the National Company Law Appellate Tribunal (NCLAT). Specifically, this is provided under:

• Section 410 of the Companies Act, 2013 → It establishes the NCLAT to hear appeals against:  
• Orders of the NCLT, and
• Orders of the National Financial Reporting Authority (NFRA).