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of <h1>NCLAT Handles Appeals and Compensation Claims Under Competition Act, 2002, Post-2017 Amendments, Including Section 53N Compensation Recovery.</h1> The National Company Law Appellate Tribunal, established under the Companies Act, 2013, serves as the Appellate Tribunal for the Competition Act, 2002, following the Finance Act, 2017. It is authorized to hear and resolve appeals against directions, decisions, or orders by the Competition Commission under specified sections of the Act. Additionally, it adjudicates claims for compensation arising from the Commission's findings or Tribunal orders and facilitates compensation recovery under section 53N. The Tribunal's role was previously held by the Competition Appellate Tribunal until amendments were made in 2017.
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