National Company Appellate Tribunal (NCLAT)

Online search giant Google has filed an appeal at the National Company Law Appellate Tribunal against an order from India’s competition watchdog that found it guilty of “search bias” and abuse of its dominant position, two sources aware of the matter told Reuters. In February, the Competition Commission of India imposed a 1.36 billion rupees ($20.95 million) fine on Google, saying it was abusing its dominance in online web search and online search advertising markets, in the latest regulatory setback for the world’s most popular internet search engine.

About NCLAT:

National Company Law Appellate Tribunal (NCLAT) was constituted under Section 410 of the Companies Act, 2013 for hearing appeals against the orders of National Company Law Tribunal(s) (NCLT), with effect from 1st June 2016.

NCLAT is also the Appellate Tribunal for hearing appeals against the orders passed by NCLT(s) under Section 61 of the Insolvency and Bankruptcy Code, 2016 (IBC).

NCLAT is also the Appellate Tribunal for hearing appeals against the orders passed by Insolvency and Bankruptcy Board of India under Section 202 and Section 211 of IBC.

NCLAT is also the Appellate Tribunal to hear and dispose of appeals against any direction issued or decision made or order passed by the Competition Commission of India (CCI).

Composition:

The President of the Tribunal and the chairperson and Judicial Members of the Appellate Tribunal shall be appointed after consultation with the Chief Justice of India

The Members of the Tribunal and the Technical Members of the Appellate Tribunal shall be appointed on the recommendation of a Selection Committee consisting of:

  • Chief Justice of India or his nominee—Chairperson.
  • A senior Judge of the Supreme Court or a Chief Justice of High Court— Member.
  • Secretary in the Ministry of Corporate Affairs—Member.
  • Secretary in the Ministry of Law and Justice—Member.
  • Secretary in the Department of Financial Services in the Ministry of Finance— Member.
Please follow and like us:

Leave a Reply

Your email address will not be published. Required fields are marked *