Which quasi judicial forums have been replaced by NCLT ........

Companies Act-Phase (I & II) NCLT & NCLAT

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Which quasi-judicial forums have been replaced by NCLT?

Company law board

BIFR

Both of the above

None of the above

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Explanation:

The establishment of the National Company Law Tribunal (NCLT) consolidates the corporate jurisdiction of the following authorities:

Company Law Board
Board for Industrial and Financial Reconstruction.
The Appellate Authority for Industrial and Financial Reconstruction
Jurisdiction and powers relating to winding up restructuring and other such provisions, vested in the High Courts.

In the first phase the Ministry of Corporate Affairs have set up eleven Benches, one Principal Bench at New Delhi. These Benches will be headed by the President and 16 Judicial Members and 09 Technical Members at different locations.