<h1>Supreme Court Challenge Delays Formation of NCLT and NCLAT Under Companies Act, 2013; Pending Cases Await Transfer Procedure.</h1> The formation of the National Company Law Tribunal (NCLT) and the National Company Law Appellate Tribunal (NCLAT) has been delayed due to a Supreme Court challenge regarding certain provisions of the Companies Act, 2013, concerning their constitution and composition. The procedure for transferring pending cases will be determined by the NCLT once it is operational. This update was provided by a Minister of State in the Ministry of Corporate Affairs in a written response to a parliamentary question.