Corporate Tribunals

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..... Corporate Tribunals
News and Press Release
Dated:- 24-11-2011

Press Information Bureau Government of India Ministry of Corporate Affairs 24-November-2011 16:19 IST The Government pro .....

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..... poses to set up National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) which will replace Company Law Board, Board for Industrial and Financial Reconstruction and App .....

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..... ellate Authority for Industrial and Financial Reconstruction. Provisions regarding constitution of NCLT and NCLAT were incorporated in the Companies (Second Amendment) Act, 2002. The Act was, however .....

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..... , challenged in the Madras High Court. The matter was finally decided by the Supreme Court vide their judgment dated 11.5.2010. The revised Companies Bill, 2011, incorporating the guidelines provided .....

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..... by the Supreme Court in their said judgment, is likely to be introduced in the Parliament shortly. The Union Minister Dr. M. Veerappa Moily gave this information in a written reply in Lok Sabha today .....

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..... . ***** Samir/BS
News - Press release - PIB .....

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