Constitutional Validity Of The Establishment Of NCLT And Its Role In Dispute Resolution





Aditi Yadav, Symbiosis Law School, Pune


ABSTRACT


This paper focuses on the constitutionality and role of the National Company Law Tribunal (NCLT), a quasi-judicial entity for adjudicating and resolving commercial disputes. The NCLT was established by the Central Government on June 1, 2016, following the dissolution of an autonomous organization known as the Company Law Board, where all ongoing cases, issues, and procedures were reallocated to the NCLT with the consent of the Ministry of Corporate Affairs (MCA). This paper reflects on the powers bestowed, the constitution of NCLT members in benches across the country and conducts a literature review of some published papers pertaining to the working, regularities, and ideas for the improvement of this tribunal.

Indian Journal of Law and Legal Research

Abbreviation: IJLLR

ISSN: 2582-8878

Website: www.ijllr.com

Accessibility: Open Access

License: Creative Commons 4.0

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