Ratti Wahal
(Company Secretary)
(139 Points)
Replied 01 May 2010
Dear Sherin,
The concept of National Company Law Tribunal was introduced by amending the Companies Act, 1956 through Companies (Second Amendment) Act, 2002 effective from 01-04-2003.
As per Section 10FB of the Companies Act, 1956, the Central Government shall notify in the official gazette about constitution of NCLT. The same has not been notified yet.
You can write in your exams like this Company Law Board/ Central Government although concept of NCLT has been introduced in the Companies Act, 1956 by amending it the same is not notified in the official gazette.
This is for your information,
Regards
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 03 May 2010
Agree with Ratti Sir.
I am also dealing with CLB as CLB is still working.
From exam point of view mention both the authorities.
All the Best
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