CS Executive · Company Law and Practice · Introduction to Company Law
Anand Textiles Ltd is aggrieved by an order passed by the National Company Law Tribunal under the Companies Act, 2013. Where does the Act provide for the appeal to be heard?
Appeals against orders of the National Company Law Tribunal under the Companies Act, 2013 are heard by the National Company Law Appellate Tribunal, which the Central Government constitutes by notification. The Company Law Board stands dissolved, and the Registrar has no appellate function.
- ABefore the Company Law Board
- BBefore the National Company Law Appellate TribunalCorrect
- CBefore the Registrar of Companies
- DBefore the Board of Directors of the Central Government's nominee company
Explanation
Section 410 provides for the National Company Law Appellate Tribunal to hear appeals against orders of the Tribunal under the Act. The Company Law Board stood dissolved on constitution of the Tribunal and Appellate Tribunal. The Registrar has no appellate role here.
Did you get it right without looking?
One question tells you little. A timed set on Introduction to Company Law shows your real accuracy, how long you take and where you lose marks.
More Introduction to Company Law questions
- A non-limited-liability body with 40 members, formed under another law, proposes to register under Section 366 as a limited company. At a ge…
- Which body's orders, besides those of the Tribunal, can be appealed to the National Company Law Appellate Tribunal under section 410 of the …
- Vikram Gupta is the sole shareholder and director of Gupta Exports Pvt Ltd. He transfers company funds to himself to settle a personal loan,…
- Meera, a shareholder of Deccan Pharma Ltd, a public company, sells her shares to Arjun through the stock exchange without asking any other m…
- Under the Companies Act, 2013, a foreign company wishes to merge into an Indian company registered under the Act. What condition and conside…
- Meridian Textiles Ltd's books for an earlier year are suspected of having been prepared fraudulently. Under the Companies Act, 2013, when ca…