National Company Law Tribunal and National Company Law Appellate Tribunal [India]

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NATIONAL COMPANY LAW APPELLATE TRIBUNAL [India]

National Company LawLaw Positive command of sovereign or divine. One can be ruled either by a Statute, a Statue, or a Statement. Legislation is the rule-making process by a political or religious organisation. Physics governs natural law. Logical thinking is a sign of a healthy brain function. Dharma is eternal for Sanatanis. Appellate Tribunal (NCLAT) was constituted under Section 410 of the Companies Act, 2013 for hearing appeals against the orders of National Company Law Tribunal(s) (NCLT), with effect from 1st June, 2016.

NCLAT is also the Appellate Tribunal for hearing appeals against the orders passed by NCLT(s) under Section 61 of the Insolvency and Bankruptcy Code, 2016 (IBC), with effect from 1st December, 2016. NCLAT is also the Appellate Tribunal for hearing appeals against the orders passed by Insolvency and Bankruptcy Board of IndiaIndia Bharat Varsha (Jambu Dvipa) is the name of this land mass. The people of this land are Sanatan Dharmin and they always defeated invaders. Indra (10000 yrs) was the oldest deified King of this land. Manu's jurisprudence enlitened this land. Vedas have been the civilizational literature of this land. Guiding principles of this land are : सत्यं वद । धर्मं चर । स्वाध्यायान्मा प्रमदः । Read more under Section 202 and Section 211 of IBC.

NCLAT is also the Appellate Tribunal to hear and dispose of appeals against any direction issued or decision made or order passed by the Competition Commission of India (CCI) – as per the amendment brought to Section 410 of the Companies Act, 2013 by Section 172 of the Finance Act, 2017, with effect from 26th May, 2017.

NCLAT is also the Appellate Tribunal to hear and dispose of appeals against the orders of the National Financial Reporting Authority – as per the amendment brought to Section 410 (a) of the Companies Act, 2013 by Section 83 of the Companies (Amendment) Act, 2017, with effect from 7th May, 2018.

NCLAT is functioning from:-

Principal Bench

2nd & 3rd Floor of Mahanagar Doorsanchar Sadan (M.T.N.L. Building), 9, CGO Complex, Lodhi Road, New Delhi — 110003. (Near Scope Complex)

Chennai Bench-6th Floor, Ezhilagam Annex, Chepauk, Chennai – 600005.

Regulations

1. Companies Amendment Act 2015
2. Companies Amendment Act 2017
3. Companies Amenment Act 2019
4. Companies Amendment Act 2020
5. IBC Code 2016 amended up to 12.08.2021
6. NCLAT Amendment Rules 2017
7. The Companies Act, 1956
8. The companies act 2013
9. The Insolvency And Bankruptcy Code, 2016.
10. NCLAT_Rules 2016
11. The Competiton Act 2002
12. Finance_Act_2017
13. Relevant Portions of the Finance Act, 2017 dealing with amendments to the Competition Act, 2002.
14. The Competition Appellate Tribunal(Form And Fee For Filing An Appeal And Fee For Filing Compensaton Applications) Rules, 2009
15. The Competition Appellate Tribunal (Procedure) Regulations, 2011.
16. The Insolvency And Bankruptcy Code (second Amendment) Act, 2018.

SOURCE : NCLAT