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NCLT VACANCIES
Behind India's slow-moving IBC regime, an NCLT hamstrung by too many vacanciesAlmost a third of National Company Law Tribunal (NCLT) posts are vacant, leading to delayed insolvency resolutions. Only 13 of 30 courts ru...- IBC rescued 3,171 distressed companies in eight years: SitharamanFinance minister Nirmala Sitharaman on Thursday said the Insolvency and Bankruptcy Code (IBC) has rescued 3,171 distressed companies and as...
- Proposal afoot to expand NCLAT strength to 20The Indian government is considering an important proposal to increase the number of members in the National Company Law Appellate Tribunal...
- Govt mulls substantially expanding NCLAT strength to speed up insolvency, M&A appealsThe government is reportedly considering a proposal to increase the number of members in the National Company Law Appellate Tribunal (NCLAT...
- Eye on more speed & efficiency, govt readies major strength upgrade for NCLTThe primary objective is not only to expedite resolution of insolvency cases, which has significantly slowed down recently, but also to ens...
- Most NCLT vacancies filled, govt eyes faster clearancesThe Ministry of Corporate Affairs (MCA) is aiming for faster approvals of merger and acquisition (M&A) deals and quicker resolution of inso...
- Govt invites applications for 10 NCLT membersMeanwhile, the Competition Commission of India (CCI), which got a new chairperson recently, has invited applications for the post of secret...
- Government says 25 judicial, technical member positions vacant at NCLTMinister of State for Corporate Affairs Rao Inderjit Singh said filling up of vacancies is a continuous process and the vacancies of member...
- Govt forms exclusive benches at three DRTs to resolve cases above Rs 100 croreThe fresh push by the government comes even as bankruptcy cases in the National Company Law Tribunal (NCLT) are languishing due to delays. ...
- NCLT denies it issued a circular that only urgent matters would be heard due to shortage of staffThe acute shortage of members at NCLT prompted legal experts to believe that the tribunal may have issued such a notice.
- FINER points to the unfilled vacancy of judicial member in NCLT GuwahatiThe body made representation to Assam chief minister, Himanta Biswa Sarma, tribunal carters to Northeastern states.
- Govt seeks applications for 20 judicial, technical members at NCLT, NCLATAs many as 15 posts, including that of 9 judicial members and 6 technical members, are to be filled up at the NCLT. Besides, applications h...
- Welcome Move to Nudge on TribunalsThe Tribunal Reforms Act 2021 contains provisions of the Ordinance that had been struck down by the court. The government has, in many inst...
- Centre green lights 31 appointments to NCLT and ITAT, days after Supreme Court reprimandIndia has appointed 18 members to the NCLT and 13 to the ITAT, looking to avoid from Chief Justice NV Ramana and the Supreme Court. Further...
- Previous 100 picks ‘ignored’, SC judge-led panels stop interviews for tribunal postsTOI has learnt the collective decision by SC judges to stop further selection process had led to a bench of CJI V Ramana and Justice Surya ...
- Bankruptcy: NCLT delays compounded by lack of new appointmentsThe government's prepackaged resolutions for MSMEs is also likely to put further strain on the system. Bankers, lawyers, Insolvency and Ban...
- Parliamentary panel flags staff shortage at SFIO, Competition CommissionThe SFIO and the CCI are among the institutions under the ministry that are well short of their respective sanctioned strength. In a report...
- Telecom M&As mean better spectrum utilisation, services: GovtCommunications Minister Manoj Sinha said consolidation will provide for better services due to efficient utilisation of the radiowaves.
- Government may beef up company law board as tribunal plan hangs fireBacklog of more than 5,000 cases has led MCA to start filling vacancies in the CLB.
- Government mulls strengthening Company Law Board till formal structure evolvesAs per the Companies Act of 2013, CLB was to be wound up and taken over by NCLT, which would have replaced the current system.
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