A Comprehensive Study Of The National Company Law Tribunal (NCLT): Structure, Role, And Functioning
- IJLLR Journal
- Dec 26, 2025
- 1 min read
Ms. Priya Yadav, Ph.D., Research Scholar at School of Law, Sushant University, Gurugram.
Dr. Anjali Sehrawat, Associate Professor, School of Law, Sushant University, Gurugram.
Dr. Deepak Miglani, Associate Professor, School of Law, Sushant University, Gurugram.
ABSTRACT
The National Company Law Tribunal (NCLT), which was established in 2016 under the Companies Act, 2013, is India's primary venue for swiftly and effectively resolving business disputes. It combined the operations of previous organizations such the Company Law Board (CLB) and the Board for Industrial and Financial Reconstruction (BIFR) into a single tribunal, following the Justice Eradi Committee's recommendations. India now has a single, cohesive platform for corporate justice.
Protection of shareholder rights, mergers and amalgamations, and bankruptcy resolution under the bankruptcy and Bankruptcy Code (IBC), 2016 are just a few of the many issues that the NCLT deals with. This study employs a doctrinal method to analyse the NCLT's structure and practical operation by looking at legislation, statutory provisions, and secondary sources.
Keywords: National Company Law Tribunal, NCLT, Company Law, Insolvency, IBC 2016.
