LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

is it CLB OR NCLT?

(Guest)

Good evening Sir :) I wanted to clear my query as to whether the company law board is now NCLT (National Company Law Tribunal), has the notification been released?? What should i be referring in these upcoming june examinations? :) Thanking you in anticipation,
Regards, Sherin

Reply
Follow
Share

5 Replies

Ratti Wahal (Company Secretary) (139 Points)
Replied 01 May 2010

Dear Sherin,

The concept of National Company Law Tribunal was introduced by amending the Companies Act, 1956 through Companies (Second Amendment) Act, 2002 effective from 01-04-2003.

As per Section 10FB of the Companies Act, 1956, the Central Government shall notify in the official gazette about constitution of NCLT. The same has not been notified yet.

You can write in your exams like this Company Law Board/ Central Government although concept of NCLT has been introduced in the Companies Act, 1956 by amending it the same is not notified in the official gazette.

This is for your information,

Regards

1 Like