Neelkanth Vyas, Lords Universal College of Law, Mumbai University Shweta Nair & S. Sriram, Balasaheb Apte College of Law, Mumbai University
ABSTRACT
A Tribunal is a quasi-judicial institution that is established to solve issues such as deciding and fixing administrative or tax-related disputes. It executes various functions like settling disputes, defining rights between disputing parties, making an administrative verdict, re-examining current administrative decision and so forth.
The Tribunals were set up to decrease the load of courts, to rush up decision making process and to offer a proper forum which would be operated by lawyers and professionals in the matters falling under the authority of the Tribunal.
The Tribunals accomplish a significant and specialised role in the mechanism of Justice. They shed off the load from the already overworked courts. They listen to disputes relating to the natural environment, armed forces, income tax and administrative matters.
This Article primarily focuses on National Company Law Tribunal, National Company Appellate Tribunal, Debt Recovery Tribunal and Debt Recovery Appellate Tribunal. It firstly puts light on the Working Mechanism of such Tribunals like when was it formed, how does it work, what is the nature of such tribunals, what kind of jurisdiction it has and what are some of the most important powers and functions etc.
However, the main aim behind writing this Article is to convey to the readers whether such Tribunals like NCLT, NCAT, DRT and DRAT have the power to punish for the contempt of the court or not. At last, the writers go on to explain why NCLT, NCAT, DRT and DRAT cannot have the power to punish for contempt of the court along with Case Laws supporting the chief contention which is the primary reason behind writing this article.