“NCLT at Work: Delivering Swift Justice in Company Law Matters”
Introduction In an evolving corporate landscape where disputes, insolvency, and governance challenges are on the rise, the need for a specialized legal body to address complex corporate issues has become essential. The National Company Law Tribunal (NCLT) stands at the heart of this transformation, offering a focused forum for resolving company law disputes, insolvency matters, and issues related to corporate restructuring.NCLT at Work explores how this tribunal delivers swift and effective justice in matters critical to business survival, accountability, and economic progress. What is NCLT? Established under the Companies Act, 2013, the National Company Law Tribunal (NCLT) is a quasi-judicial body that adjudicates issues concerning: Company disputes Corporate governance Shareholder rights Mergers and acquisitions Oppression and mismanagement Insolvency proceedings under the Insolvency and Bankruptcy Code (IBC), 2016 With benches located…
