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National Company Law Tribunal (NCLT)

About Practice

Our established and one of the most accomplished law firms provides our clients legal services before the National Company Law Tribunal (NCLT) Ahmedabad

We, Bhatt & Joshi Associates, Ahmedabad, Gujarat are a leading Full Service Law Firm. Our Corporate Lawyers provide litigation support service, advisory, and other assistance before the National Company Law Tribunal (NCLT) in Ahmedabad. We undertake tasks related to Winding up, Insolvency, Corporate disputes, Employees and Labour demands, Bankruptcy, and others proceedings. We are one of the finest in our domain and provide expertise to our clients with efficiency and precision. It would be insightful to know and understand a bit about the Constitution of the National Company Law Tribunal (NCLT). NCLT was done by the Government of India, Ministry of Corporate Affairs under Section 408 of the Companies Act, 2013 (18 of 2013) with effect from 01st June 2016. In its Phase One the Ministry of Corporate Affairs and has a set up eleven Benches. It has its branches spread across different regions of the country. NCLT has its Principal Bench at New Delhi and its Regional Benches in these areas- Ahmedabad, Mumbai, Bengaluru, Chennai, Hyderabad, Kolkata, Allahabad, Chandigarh, and Guwahati.

About Our Work

More in-depth understanding of the Jurisdiction of the NCLT: NCLT handles all the matters and proceedings filed under the Companies Act 2013. Other courts are barred from exercising the Criminal Jurisdiction where the Tribunal or the Appellate Tribunal is empowered to determine by or under the Companies Act. Also, any other court is barred from granting an injunction in respect to any action taken by the NCLT in the exercise of the powers conferred under the Act.[1] The NCLT has powers to decide applications related to reconstructions and the winding up of companies. It also adjudicates the insolvency resolution process of companies and LLPs under the provision of the Insolvency and Bankruptcy Code, 2016. The NCLT has further powers under the Companies Act to adjudicate proceedings such as- All the actions earlier Initiated before the Company Law Board under the now-repealed act (i.e. the Companies Act 1956) All the matters pending before the Board for Industrial and Financial Reconstruction, including the ones pending under the Sick Industrial Companies (Special Provisions) Act, 1985, and others

“A modern economy is marked by the feasibility of endogenous change: Modernization brings myriad arrangements from expanded property rights to company law and financial institutions.”

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