Question

corporate civil grievances are heard at 1 NCLT 2.NCLAT 3. high court 4. special court.. can you guys figure out this? ​

Answer 1

Answer:

high court order figure

Answer 2

NCLT  

Explanation:

• NCLT is a quasi-judicial authority incorporated for handling corporate disputes that are of civil nature arising under the companies Act. However, a difference may be witnessed within the powers and functions of NCLT under the previous Companies Act and therefore the 2013 Act.

• The NCLT is a specialised Tribunal constituted for the aim of speedier and effective regulation of the affairs of the companies.

• The Court held that the word employed in Section 430 of the Act is matter, which Tribunal or Appellate Tribunal is empowered to work out by or under the Act.