https://www.taxtmi.com/article/detailed?id=842 The Companies (Second Amendment) Act establishes a National Company Law Tribunal and a National Company Law Appellate Tribunal to consolidate and exercise functions formerly vested in the Company Law Board, BIFR/AAIFR and specified High Court powers. The statute prescribes appointment qualifications, tenure and age limits for Presidents, Chairpersons and Members, provides for administrative powers and internal review, sets out appeal routes and representation rights, mandates a selection committee for appointments, and transfers extensive corporate, insolvency and rehabilitation powers to the NCLT, subject to pending notification due to litigation. en-us Thu, 24 Jun 2010 00:00:00 +0530 Thu, 24 Jun 2010 15:01:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=842 The Companies (Second Amendment) Act establishes a National Company Law Tribunal and a National Company Law Appellate Tribunal to consolidate and exercise functions formerly vested in the Company Law Board, BIFR/AAIFR and specified High Court powers. The statute prescribes appointment qualifications, tenure and age limits for Presidents, Chairpersons and Members, provides for administrative powers and internal review, sets out appeal routes and representation rights, mandates a selection committee for appointments, and transfers extensive corporate, insolvency and rehabilitation powers to the NCLT, subject to pending notification due to litigation. Articles Corporate Laws / IBC / SEBI Thu, 24 Jun 2010 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=842