Statutory Meaning & Definition
An appeal from NCLAT orders lies to the Supreme Court of India under Section 423 of Companies Act 2013 or Section 62 of IBC on a question of law. Must be filed within 45 days of the NCLAT order.
Frequently Asked Questions (FAQs)
What is Appeal to Supreme Court in Indian corporate law?
An appeal from NCLAT orders lies to the Supreme Court of India under Section 423 of Companies Act 2013 or Section 62 of IBC on a question of law. Must be filed within 45 days of the NCLAT order.
Why is Appeal to Supreme Court important for compliance?
Appeal to Supreme Court is adjudicated by the National Company Law Tribunal under the Companies Act, 2013 or IBC. Understanding this concept is essential for ensuring regulatory compliance, avoiding penalties, and making informed corporate decisions in India.
Who should know about Appeal to Supreme Court?
Appeal to Supreme Court is relevant for company secretaries, compliance officers, chartered accountants, corporate lawyers, board members, and all professionals dealing with NCLT regulatory matters in India.
Contextual Analysis & Regulatory Circulars
Recent analysis and regulatory updates related to NCLT:
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