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What is the main objective of the National Company Law Appellate Tribunal (NCLAT) as per the information provided?
  • a)
    To oversee the functioning of the National Company Law Tribunal (NCLT)
  • b)
    To speed up the resolution of corporate disputes and enhance transparency in corporate governance and insolvency matters
  • c)
    To regulate the functioning of the Competition Commission of India (CCI)
  • d)
    To provide advisory opinions on legal issues referred by the Prime Minister of India
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
What is the main objective of the National Company Law Appellate Trib...
The main objective of the National Company Law Appellate Tribunal (NCLAT) is to expedite the resolution of corporate disputes and improve transparency in corporate governance and insolvency matters in India. This objective aligns with the broader goal of ensuring efficient and effective processes within the corporate legal framework. By streamlining appeals processes and providing a platform for addressing disputes, the NCLAT plays a crucial role in enhancing the overall corporate environment in the country.
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What is the main objective of the National Company Law Appellate Tribunal (NCLAT) as per the information provided?a)To oversee the functioning of the National Company Law Tribunal (NCLT)b)To speed up the resolution of corporate disputes and enhance transparency in corporate governance and insolvency mattersc)To regulate the functioning of the Competition Commission of India (CCI)d)To provide advisory opinions on legal issues referred by the Prime Minister of IndiaCorrect answer is option 'B'. Can you explain this answer?
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What is the main objective of the National Company Law Appellate Tribunal (NCLAT) as per the information provided?a)To oversee the functioning of the National Company Law Tribunal (NCLT)b)To speed up the resolution of corporate disputes and enhance transparency in corporate governance and insolvency mattersc)To regulate the functioning of the Competition Commission of India (CCI)d)To provide advisory opinions on legal issues referred by the Prime Minister of IndiaCorrect answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What is the main objective of the National Company Law Appellate Tribunal (NCLAT) as per the information provided?a)To oversee the functioning of the National Company Law Tribunal (NCLT)b)To speed up the resolution of corporate disputes and enhance transparency in corporate governance and insolvency mattersc)To regulate the functioning of the Competition Commission of India (CCI)d)To provide advisory opinions on legal issues referred by the Prime Minister of IndiaCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the main objective of the National Company Law Appellate Tribunal (NCLAT) as per the information provided?a)To oversee the functioning of the National Company Law Tribunal (NCLT)b)To speed up the resolution of corporate disputes and enhance transparency in corporate governance and insolvency mattersc)To regulate the functioning of the Competition Commission of India (CCI)d)To provide advisory opinions on legal issues referred by the Prime Minister of IndiaCorrect answer is option 'B'. Can you explain this answer?.
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