https://www.taxtmi.com/news?id=2973 Establishment of National Company Law Tribunal and National Company Law Appellate Tribunal is proposed in the Companies Bill, 2011 to create specialized quasi judicial bodies that centralize corporate disputes, reduce pendency and winding up durations, and avoid multiplicity of proceedings. An appellate structure with appeals from NCLT to NCLAT and further limited appeal to the Supreme Court on points of law is designed to streamline appellate review and reduce High Court burden; the Tribunals become operational only after enactment of the Bill. en-us Mon, 19 Mar 2012 17:36:39 +0530 Mon, 19 Mar 2012 17:36:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2973 Establishment of National Company Law Tribunal and National Company Law Appellate Tribunal is proposed in the Companies Bill, 2011 to create specialized quasi judicial bodies that centralize corporate disputes, reduce pendency and winding up durations, and avoid multiplicity of proceedings. An appellate structure with appeals from NCLT to NCLAT and further limited appeal to the Supreme Court on points of law is designed to streamline appellate review and reduce High Court burden; the Tribunals become operational only after enactment of the Bill. News - Mon, 19 Mar 2012 17:36:39 +0530 https://www.taxtmi.com/news?id=2973