1. Who among the following is the Chairperson of IBBI?
A. Ajay Tyagi
B. Amardeep Singh Bhatia
C. G. S. Yadav
D. A Unnikrishnan
E. M.S.Sahoo
Answer: Option E
Explanation:
Dr. M. S. Sahoo, Chairperson, Insolvency and Bankruptcy Board of India.
2. The Central Government has constituted National Company Law Tribunal (NCLT) under ______ of the Companies Act, 2013.
A. Section 108
B. Section 408
C. Section 308
D. Section 208
E. None of these
Answer: Option B
Explanation:
The Central Government has constituted National Company Law Tribunal (NCLT) under section 408 of the Companies Act, 2013
3. The National Company Law Appellate Tribunal (NCLAT) is a _____
A. Statutory body
B. Judicial body
C. Regulatory body
D. All of these
E. None of these
Answer: Option B
Explanation:
The National Company Law Appellate Tribunal (NCLAT) is a quasi-judicial body in India
4. How many benches are there in NCLAT?
A. 12
B. 10
C. 11
D. 13
E. None of these
Answer: Option C
Explanation:
The NCLAT has eleven benches, two at New Delhi (one being the principal bench) and one each at Ahmedabad, Allahabad, Bengaluru, Chandigarh, Chennai, Guwahati, Hyderabad, Kolkata and Mumbai.
5. NCLAT was constituted on _______
A. 1 June 2016
B. 1 November 2016
C. 31 March 2016
D. 31 May 2016
E. None of these
Answer: Option A
Explanation:
NCLAT was constituted on 1 June 2016.