CSEET · Business Laws and Management · Elements of Company Law
According to Section 408, the National Company Law Tribunal consists of:
The NCLT consists of a President and as many Judicial and Technical members as the Central Government considers necessary. They are appointed by the Central Government by notification. The Act fixes no number, and the head is called President rather than chairperson.
- AA chairperson and Judicial members only
- BA President and such number of Judicial and Technical members as the Central Government may deem necessaryCorrect
- CA President and exactly eleven Judicial and Technical members
- DOnly Technical members appointed by the Registrar of Companies
Explanation
Section 408 states the Tribunal consists of a President and such number of Judicial and Technical members as the Central Government deems necessary. The head is called President, not chairperson, and no fixed number or Technical-only composition is stated.
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