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The National Company Law Tribunal (NCLT) is a quasi-judicial body in India that adjudicates issues relating to Indian companies. [1] The tribunal, established under the Companies Act 2013, was constituted on 1 June 2016 by the government of India and is based on the recommendation of the V. Balakrishna Eradi committee on law relating to the insolvency and the winding up of companies.
The National Company Law Appellate Tribunal (NCLAT) is a tribunal which was formed by the Central Government of India under Section 410 of the Companies Act, 2013.The NCLAT was formed as a body with an appellate jurisdiction at the same time when NCLT was established as a major reform as per powers granted to the Ministry of Corporate Affairs in India.
Appellate Tribunal for Forfeited Property; Income-Tax Appellate Tribunal; Customs, Excise and Service Tax Appellate Tribunal; Authority for Advance Rulings (Central Excise, Customs and Service Tax) Competition Commission of India; Competition Appellate Tribunal; Company Law Board; Appellate Tribunal for Electricity; National Highways Tribunal
The National Company Law Tribunal is a quasi-judicial body in India that adjudicates issues relating to Indian companies. 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 1 June 2016.
The new code will speed up the resolution process for stressed assets in the country. It attempts to simplify the process of insolvency and bankruptcy proceedings. It handles the cases using two tribunals like NCLT (National company law tribunal) and Debt recovery tribunal. Dr. Navrang Saini, Dr. Ms. Mukulita Vijayawargiya and Sh.
The Government had a law enacted in 1986, to create a Tribunal empowered like a High Court, called Customs and Excise Revenues Appellate Tribunal. [7] Most powers of CESTAT were to be diverted to CERAT. This Act was not operationalised due to multiple difficulties including court cases, making an amendment necessary. [8]
Sanjiv Khanna, the incumbent chief justice of India, since 11 November 2024 The chief justice of India is the highest-ranking officer of the Indian judiciary and the chief judge of the Supreme Court of India. As head of the Supreme Court, the chief justice is responsible for the allocation of cases and appointment of constitutional benches which deal with important matters of law. In ...
There are 25 High courts in India. The number of total judges sanctioned in these high courts are 1122 of which 846 judges are permanent and remaining 276 sanctioned for additional judges. As of 27 January 2025, 367 of the seats, about 32.71% are vacant. Allahabad High Court, has the largest number (160) of judges while Sikkim High Court has the smallest number (3) of judges. The lists of high ...