Companies Act, 2013 · Chapter XXVII: National Company Law Tribunal and Appellate Tribunal
Section 408: Constitution of National Company Law Tribunal
The Central Government shall, by notification, constitute, with effect from such date as may be specified therein, a Tribunal to be known as the National Company Law Tribunal consisting of a President and such number of Judicial and Technical members, as the Central Government may deem necessary, to be appointed by it by notification, to exercise and discharge such powers and functions as are, or may be, conferred on it by or under this Act or any other law for the time being in force.
Source: India Code (indiacode.gov.in), the consolidated text published by the Legislative Department, Government of India. Text as updated on India Code on 14 October 2026. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.
Supreme Court judgments citing the section 408
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Electrosteel Steel Limited (Now M/S Esl Steel Limited) v. Ispat Carrier Private Limited
Whether upon approval of the resolution plan by the NCLT, the claim of the respondent being outside the purview of the resolution plan stood extinguished; whether the arbitral award dated 06.07.2018 was capable of being…
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Greater Noida Industrial Development Authority v. Prabhjit Singh Soni & Anr.
Whether in exercise of powers under s.60(5), Insolvency and Bankruptcy Code, 2016, the Adjudicating Authority-NCLT can recall an order of approval passed under s.31(1) of the IBC; whether the application for recall of…
- Punjab National Bank v. Mr. Vijay Sitaram Dandnaik & Anr.
- Lalit Kumar Jain v. Union of India & Ors.
- Jaypee Kensington Boulevard Apartments Welfare Association & Ors. v. Nbcc (India) Ltd. & Ors.
- Manish Kumar v. Union of India and Another
- M/S Embassy Property Developments Pvt. Ltd.V. State of Karnataka & Ors. v. State of Karnataka & Ors
- B.K. Educational Services Private Limited v. Parag Gupta and Associates
- Bank of New York Mellon London Branch v. Zenith Infotech Limited