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    <description>The National Company Law Tribunal is constituted with a President and judicial and technical members appointed by the Central Government to exercise powers under the Companies Act. The President and members must meet specified judicial or professional qualifications and serve fixed terms subject to age limits; appointments are made on Selection Committee recommendations. Removal or suspension requires consultation with judicial authorities and, for proved misbehavior or incapacity, an inquiry by a Supreme Court judge. The Tribunal proceeds expeditiously, follows principles of natural justice, possesses civil court like powers, may enforce orders as decrees, and its orders are appealable to the Appellate Tribunal.</description>
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