Section 410 of the Companies Act, 2013: Constitution of Appellate Tribunal

The Companies Act, 2013

Chapter– XXVII National Company Law Tribunal and Appellate Tribunal

Section 410: Constitution of Appellate Tribunal.

*410. The Central Government shall, by notification, constitute, with effect from such date as may be specified therein, an Appellate Tribunal to be known as the National Company Law Appellate Tribunal consisting of a chairperson and such number of Judicial and Technical Members, 1[**], as the Central Government may deem fit, to be appointed by it by notification, 2[for hearing appeals against,—

(a) the 3[orders of the Tribunal or of the National Financial Reporting Authority] under this Act; and

(b) any direction, decision or order referred to in 4[section 53A] of the Competition Act, 2002 in accordance with the provisions of that Act].


Reference

*Effective from 12.09.2013.

1. Omitted by the Companies (Amendment) Act, 2020, w.e.f. 22.01.2021[S.O. 325(E) dated 22.01.2021], the words “not exceeding eleven“.

2. Substituted by Sec. 172 of the Finance Act, 2017, w.e.f. 26.05.2017[S.O. 1696(E) dated 26.05.2017], for the words “for hearing appeals against the orders of the Tribunal“.

3. Substituted by the Companies (Amendment) Act, 2017, w.e.f. 07.05.2018[S.O. 1833(E) dated 07.05.2018], for the words “order of the Tribunal“.

4. Substituted by the Companies (Amendment) Act, 2020, w.e.f. 22.01.2021[S.O. 325(E) dated 22.01.2021], for the words “section 53N“.

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