Section 410 — Constitution of Appellate Tribunal

The Central Government shall, by notification, constitute,
with effect from such date as may be specified therein, an Appellate Tribunal to be known as the National
Company Law Appellate Tribunal consisting of a chairperson and such number of Judicial and Technical

1. Subs. by Act 1 of 2018, s. 82, for “out of which at least three years shall be in the pay scale of Joint Secretary to the Government
of India or equivalent or above in that service” (w.e.f 9-2-2018).
2. Subs. by Act 1 of 2018, s. 82, for clause (e) (w.e.f. 9-2-2018).

Members, 1***, as the Central Government may deem fit, to be appointed by it by notification, 2[for hearing
appeals against—
(a) the 3[orders of the Tribunal or of the National Financial Reporting Authority] under this Act; and
(b) any direction, decision or order referred to in 4[section 53 A] of the Competition Act, 2002
(12 of 2002) in accordance with the provisions of that Act].