National Company Law Appellate Tribunal (NCLAT)
- January 10, 2022
- Posted by: OptimizeIAS Team
- Category: DPN Topics
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National Company Law Appellate Tribunal (NCLAT)
Subject – Governance
Context – Amazon moves NCLAT against CCI order suspending deal with Future
Concept –
- It was constituted under Section 410 of the Companies Act, 2013 for hearing appeals against the orders of National Company Law Tribunal.
- NCLAT is also the Appellate Tribunal for hearing appeals against the orders passed by NCLT(s) under Section 61 of the Insolvency and Bankruptcy Code, 2016 (IBC).
- NCLAT is also the Appellate Tribunal for hearing appeals against the orders passed by Insolvency and Bankruptcy Board of India under Section 202 and Section 211 of IBC.
- NCLAT is also the Appellate Tribunal to hear and dispose of appeals against any direction issued or decision made or order passed by the Competition Commission of India (CCI).