Consider the following statements about the National Company Law Tribunal(NCLT): 1. The NCLT was established based on the recommendation of the Justice Jain committee on law relating to insolvency and winding up of companies. 2. It is a quasi-judicial body in India that adjudicates issues relating to Indian companies. 3. NCLT bench is chaired by a Judicial member who is supposed to be retired/Serving High Court Judge and a Technical member who is from Indian Corporate Law Service cadre. Which of the above statements is/are correct? - Study24x7
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Consider the following statements about the National Company Law Tribunal(NCLT): 1. The NCLT was established based on the recommendation of the Justice Jain committee on law relating to insolvency and winding up of companies. 2. It is a quasi-judicial body in India that adjudi...

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A

1 and 2 only

B

2 and 3 only

C

1 and 3 only

D

1, 2 and 3

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