 "Illustration by Binay Sinha")
The Government of India has decided to set up a bench of National Company Law Appellate Tribunal (NCLAT) at Chennai as part of its efforts to reduce the pending cases. It has also set up five new benches of NCLT during 2018-2019 at Jaipur, Cuttack, Kochi, Indore and Amaravati, with this aim.
The development comes in pursuance to a judgement of Supreme Court, said Anurag Singh Thakur, Union Minister for State for Finance and Corporate Affairs, in a written reply to a question in Lok Sabha today.
Benches of National Company Law Tribunal (NCLT) are set up in various states depending on
