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What is the full form of the abbreviation 'NCLT'?1. National Company Law Tribunal 2. National Company Law Treaty 3. National Company Legal Tribunal 4. National Commemorative Law Tribunal

Answer» Correct Answer - Option 1 : National Company Law Tribunal 
  • NCLT stands for National Company Law Tribunal. 
  • It is a quasi-judicial body that deals with issues related to the companies operating in India. 
  • It was established in 2016 as per the provisions of the Companies Act 2013. 
  • NCLT is also the adjudicating body for insolvency proceedings under the Insolvency and Bankruptcy Code 2016. 


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