Govt taking all steps to strengthen NCLT, NCLAT

The government has recently appointed 28 more members in NCLT and 4 more members in NCLAT, said Union minister Anurag Singh Thakur in order to quicken the legal proceedings and reduce the pendency of cases. Additional members have been appointed a...

BCCL
New Delhi: The government is taking all steps to strengthen the National Company Law Tribunal (NCLT) and its appellate tribunal in terms of benches, courts and members to reduce pendency of cases, Union minister Anurag Singh Thakur said on Monday.

"Considering the heavy case load at some existing benches, additional members have been appointed and additional courts operationalised from time to time," the Minister of State for Corporate Affairs said in a written reply to the Lok Sabha.

The government has decided to set up a bench of the National Company Law Appellate Tribunal (NCLAT) at Chennai following a Supreme Court judgement, he added.


According to him, five new benches of NCLT have been set up during 2018-19 financial year. They were 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 colloqiums are being held. e-court project has also been implemented in a few benches with heavy case load," he said.
ADVERTISEMENT
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Economy › Policy › Govt taking all steps to strengthen NCLT, NCLAT
Text Size:AAA
Success
This article has been saved

*

+