Section 411 of the Companies Act, 2013
Section 411 of the Companies Act, 2013 deals with the composition of the Appellate Tribunal, i.e., the National Company Law Appellate Tribunal (NCLAT).
📘 Section 411 – Composition of Appellate Tribunal
Key Provisions:
Constitution:
The Appellate Tribunal (NCLAT) shall consist of:
A Chairperson, and
Such number of Judicial and Technical Members as the Central Government may deem necessary for efficient discharge of its functions.
Qualifications:
The Chairperson, Judicial Members, and Technical Members must be appointed in accordance with the provisions of Section 412.
Bench Constitution:
The benches of the NCLAT shall consist of at least one Judicial Member and one Technical Member.
The Chairperson may constitute benches for efficient disposal of appeals.
✅ Purpose:
Section 411 ensures that the NCLAT has a properly structured composition of legal and technical experts to hear appeals from the National Company Law Tribunal (NCLT) and other related matters.
RELATED Blog
0 comments