Cos 418A — Benches of Appellate Tribunal

Companies Act, 2013

Statutory text

[418A. Benches of Appellate Tribunal.—(1) The powers of the Appellate Tribunal may be exercised by the Benches thereof to be constituted by the Chairperson:
Provided  that  a  Bench  of  the  Appellate  Tribunal  shall  have  at  least  one  Judicial  Member  and  one Technical Member.
(2) The Benches of the Appellate Tribunal shall ordinarily sit at New Delhi or such other places as the
Central Government may, in consultation with the Chairperson, notify:
Provided  that the  Central Government  may, by notification, after consultation with the  Chairperson, establish such number of Benches of the Appellate Tribunal, as it may consider necessary, to hear appeals against any direction, decision or order referred to in section 53A of the Competition Act, 2002 (12 of 2003) and under section 61 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016).]

Back to Cos