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In pursuance of judgement of Hon’ble Supreme Court, the Government has decided to set up a bench of National Company Law Appellate Tribunal (NCLAT) at Chennai.
This was stated by Shri Anurag Singh Thakur, Union Minister for State for Finance & Corporate Affairs, in a written reply to a question in Lok Sabha today.
Benches of National Company Law Tribunal (NCLT) are set up in various States depending on the case load and other relevant factors. Considering the heavy case load at some existing benches, additional members have been appointed and additional courts have been operationalised from time to time.
The Minister further stated that the Government is taking all steps to strengthen the NCLT and NCLAT in terms of number of benches, number of courts and number of members, to reduce the pendency. Apart from decision to set up NCLAT bench at Chennai, five new benches of NCLT have been set up during 2018-2019 at Jaipur, Cuttack, Kochi, Indore and Amaravati. The Government has recently appointed 28 more members in NCLT and 4 more members in NCLAT. For capacity building of members, regular colloquiums are being held. e-Court project has also been implemented in a few benches with heavy case load.
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RM/DKS/KMN
National Company Law Appellate Tribunal bench expansion: decision to establish a Chennai bench to reduce case pendency. Decision to establish an NCLAT bench at Chennai to address heavy regional caseloads and reduce pendency, accompanied by administrative measures including additional tribunal member appointments, establishment of new NCLT benches, operationalisation of extra courts, capacity building through colloquiums, and pilot e Court implementation at high load benches to strengthen tribunal infrastructure and case management.Press 'Enter' after typing page number.