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<h1>Supreme Court upholds Companies Act 2013 provisions for NCLT and NCLAT; operational by next financial year.</h1> The Supreme Court resolved challenges to the provisions of the Companies Act, 2013, concerning the establishment of the National Company Law Tribunal (NCLT) and the National Company Law Appellate Tribunal (NCLAT) with a judgment on May 14, 2015. The process of setting up these tribunals has commenced, and they are expected to be operational by the next financial year. This information was provided by the Minister of Corporate Affairs in a written response to a question in the Lok Sabha.