With reference to the National Company Law Tribunal (NCLT), which of the following statements is Incorrect? - Study24x7
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With reference to the National Company Law Tribunal (NCLT), which of the following statements is Incorrect?

A

The National Company Law Tribunal is a quasi-judicial body in India that adjudicates issues relating to Indian companies.

B

The tribunal was established under the Companies Act 2013 and is based on the recommendation of the Justice Jain committee.

C

The NCLT is also the adjudicating authority for insolvency resolution process of companies and limited liability partnerships under the Insolvency and Bankruptcy Code, 2016.

D

Decisions of the tribunal can only be appealed to the Supreme Court of India on a point of law.

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