NCLT stands for National Company Law Tribunal, is a quasi-judicial body set up to resolve disputes between civil corporations. It also has the authority to resolve the insolvency matters under the Insolvency and Bankruptcy Code, 2016.Under Corporate law, also known by the name Company law, resolving the disputes and speedy disposal of corporate cases is […]
Corporate Law or Company Law is a branch of law that deals with companies or corporations’ formation and working, i.e., legal entities set up for business purposes.Under the Corporate law, we study The Companies Act, 2013, which specifically provides for business conduct by the companies.It is a legal field that governs mergers, acquisitions, and the […]
Under Insolvency and Bankruptcy Code, 2016, has been set up for resolving the issues related to Corporate and Banking Sector.A financial creditor can approach the NCLT as and when required. Under IBC Code, a financial creditor is as an individual to whom a financial debt is owed and incorporates an individual to whom such debt […]
National Company Law Tribunal was formed on June 1, 2016. It is a quasi-judicial body for adjudicating disputes of civil nature arising under the Companies Act. Before the formation of NCLT, there were various authorities (e.g. Company law Board, Board of Industrial and Financial Reconstruction (BIFR)) dealing with company matters. The establishment of NCLT has consolidated […]