Which of the following statements is TRUE regarding the National Company Law Appellate Tribunal (NCLAT)? A. It has original jurisdiction over corporate law matters B. It hears appeals against orders of the High Courts C. It only has jurisdiction in matters related to taxation D. Its decisions cannot be challenged in any higher court
Question
Which of the following statements is TRUE regarding the National Company Law Appellate Tribunal (NCLAT)? A. It has original jurisdiction over corporate law matters B. It hears appeals against orders of the High Courts C. It only has jurisdiction in matters related to taxation D. Its decisions cannot be challenged in any higher court
Solution
The correct statement regarding the National Company Law Appellate Tribunal (NCLAT) is B. It hears appeals against orders of the High Courts.
Here's why:
A. It does not have original jurisdiction over corporate law matters. The National Company Law Tribunal (NCLT) has original jurisdiction over corporate law matters.
B. True. The NCLAT hears appeals against the orders of NCLT.
C. False. The NCLAT does not only have jurisdiction in matters related to taxation.
Similar Questions
What is the procedure for appealing against an order of the National Company Law Tribunal (NCLT)? A. Appeal to the Supreme Court of India B. File a review petition with the NCLT itself C. File an appeal with the Appellate Tribunal for Electricity D. File an appeal with the National Company Law Appellate Tribunal (NCLAT)
Discuss the functioning of the National Company Law tribunal as enunciated in the law.
Which of the following is NOT a bench of the National Company Law Tribunal (NCLT) in India? A. Delhi Bench B. Mumbai Bench C. Kolkata Bench D. Chennai Bench
n which year was the National Company Law Tribunal (NCLT) established in India? A. 2002 B. 2013 C. 2016 D. 2019
Which disputes are not normally within the jurisdiction of the CCMA, to arbitrate?Group of answer choicesa. Freedom of associationb. Disputes 30 days overduec. Compensation hearingsd. Unfair dismissals
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