NATIONAL COMPANY LAW APPELLATE TRIBUNAL (NCLAT) [national bodies]
- 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), with effect from 1st December, 2016. 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) – as per the amendment brought to Section 410 of the Companies Act, 2013 by Section 172 of the Finance Act, 2017, with effect from 26th May, 2017.
- NCLAT is also the Appellate Tribunal to hear and dispose of appeals against the orders of the National Financial Reporting Authority – as per the amendment brought to Section 410 (a) of the Companies Act, 2013 by Section 83 of the Companies (Amendment) Act, 2017, with effect from 7th May, 2018.
LUNA RING [technology]
Luna Ring is a speculative engineering project which consists of a series of solar generators, disposed around the equator of the Moon, that could send the generated electric energy back to the Earth via microwaves from the near side of the Moon. The project was proposed by Japanese construction firm Shimizu Corporation.
The construction of a concrete ring on the Moon’s equator to support the solar panels would be performed by robots that would be teleguided from Earth
THE SANDERLING (CALIDRIS ALBA) [environment and ecology]
- The sanderling (Calidris alba) is a small wading bird. It is a circumpolar Arctic breeder, being among the most extreme northern breeding birds in the world, nesting only on the coldest tundra, north of the 5°C July isotherm in Europe, its southernmost breeding locality is Svalbard, where only a handful (5–15) pairs breed.
- Recently spotted on the remote Narcondam Island in the Andaman and Nicobar archipelago
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