Who among the following has been appointed as the new Chairperson of the National Company Law Appellate Tribunal (NCLAT), for a period of four years or until he attains the age of 70 years, whichever is the earliest in November 2021?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. Justice Ashok Bhushan.
- The Government has appointed Justice Ashok Bhushan as the Chairperson of the National Company Law Appellate Tribunal (NCLAT) and Justice R. Sudhakar as the President of the National Company Law Tribunal (NCLT).
- NCLAT, established under Section 410 of the Companies Act, 2013, holds significant importance as a quasi-judicial body responsible for adjudicating appeals against orders issued by the National Company Law Tribunal(s) (NCLT).