India, Sept. 15 -- The National Company Law Tribunal (NCLT), an ambitious project of the Ministry of Corporate Affairs (MCA) under the leadership of the Hon'ble Prime Minister, is one of the most important forums for the adjudication of disputes under the Companies Act, 2013, and resolution of corporate debt issues under the Insolvency and Bankruptcy Code, 2016. During its existence for almost 9 years, this forum has exhibited excellent performance.
It has offered an exclusive forum for adjudicating company disputes, under various provisions of the Companies Act, 2013, within its own limitations of availability of time, from various benches. It has disposed off over 22,000 cases in the past 8 years, under the Companies Act, 2013, and over ...