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of <h1>Government Moves to Amend Companies Act 2013 for NCLT and NCLAT Efficiency per Supreme Court Directive.</h1> The government initiated the establishment of the National Company Law Tribunal (NCLT) and the National Company Law Appellate Tribunal (NCLAT) following a Supreme Court order in May 2015. A committee recommended amending the Companies Act, 2013, to incorporate changes in Sections 409(3)(a)(e), 411(3), and 412(2) as directed by the Supreme Court. These amendments aim to align the Act with the judicial directives for effective functioning of the NCLT and NCLAT.
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