Aditi Yadav, Symbiosis Law School, Pune
ABSTRACT
This paper focuses on the constitutionality and role of the National Company Law Tribunal (NCLT), a quasi-judicial entity for adjudicating and resolving commercial disputes. The NCLT was established by the Central Government on June 1, 2016, following the dissolution of an autonomous organization known as the Company Law Board, where all ongoing cases, issues, and procedures were reallocated to the NCLT with the consent of the Ministry of Corporate Affairs (MCA). This paper reflects on the powers bestowed, the constitution of NCLT members in benches across the country and conducts a literature review of some published papers pertaining to the working, regularities, and ideas for the improvement of this tribunal.
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