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of <h1>Central Government to Establish National Company Law Appellate Tribunal; Chairperson and Members Appointment Criteria Outlined.</h1> The Central Government is required to establish the National Company Law Appellate Tribunal through an official notification. This tribunal will consist of a Chairperson and up to two Members, appointed to hear appeals against Tribunal orders under the Companies Act, 1956. The Chairperson must have served as a Supreme Court Judge or Chief Justice of a High Court. Members should possess at least 25 years of professional experience and expertise in relevant fields such as law, industry, finance, or technology, deemed useful by the Central Government for the tribunal's functioning.
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