National Company Law Tribunal and Appellate Tribunal Bar Association v. Ministry of Corporate Affairs & Ors

Court: Hon'ble Supreme Court of India
Head Notes:

The Hon’ble Supreme Court while dealing with the extension of the term of the Members of the NCLT and NCLAT who are completing their tenure in June, 2021 observed that as the Government has already initiated the process of reappointment by writing to the Hon’ble Chief Justice, it is hoped that the reappointment process should be completed expeditiously, as there is no necessity of issuance of any advertisement for participation of other eligible candidates. Further held that, as the strength of the members of the NCLT and NCLAT is depleting which would be detrimental to the smooth functioning of the Tribunals, the Government is directed to complete the process at the earliest and not later than two months.

Law:
Section(s): Section 413 of the Companies Act, 2013
Counsel(s): Mr. A.S. Chandhiok, Sr. Adv. Mr. Virender Ganda, Sr. Adv., Mr. KK Venugopal, Ld. AG Mr. Balbir Singh, Ld. ASG Mr. R. Balasubramanium, Sr. Adv.
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Uploaded By ITAT Manager
Date of upload: June 1, 2021

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