National Company Law Tribunal

National Company Law Tribunal (NCLT) was constituted by the Central Government of India under section 408 of the Companies Act, 2013 w.e.f. 01^st June 2016. It is Quasi-Judicial Body formed as adjudicating authority to deal with Indian Corporates matters and speedy disposal of Corporate Legal cases and it is the successor to the Company Law Board (CLB). It has one Principal Bench at New Delhi and have Regional Benches at New Delhi, Ahmedabad, Allahabad, Bengaluru, Chandigarh, Chennai, Guwahati, Jaipur, Hyderabad, Kolkata and Mumbai. Subsequently more benches at Cuttack, Jaipur, Kochi, Amravati, and Indore. Its every bench has constitution of minimum One Judicial Member and One Technical Member.

Appeal against the Order/Decisions of the NCLT may be filed before National Company Law Appellate Tribunal (NCLAT) and further decisions of NCLAT may be challenged at the Supreme Court of India. NCLT & NCLAT have exclusive jurisdiction and No Civil court can entertain the cases which come under the ambit of NCLT and NCLAT.

Further, This Court of Law with its constant effort provide a clear picture of Laws relating Insolvency and Bankruptcy Code. CorpInd Cart LLP provides a team of enriched and experience professionals in matters pertaining to Companies Act, IBC (Insolvency and Bankruptcy Code) to cope up with your needs to Carry on your business efficiently along with rendering of various services of drafting Commercial Agreements for franchisee, Agency, technology, Joint Venture etc inclusive of legal vetting across the systematic line of market Scenario.

CorpInd Cart offers a line of services in various mentioned cases which can be filed before the NCLT:

1.     Compounding of offence under Companies act having maximum penalty amount of Rs. 25 lakhs and more.

2.     Restoration of Name of Companies/LLP by appealing before the NCLT against the order of striking-off of Name of Company from the Registers of Company as maintained by the Registrar of Companies having the Jurisdiction.

3.     Application for Merger/Acquisition/takeover etc.

4.     Application under Section 7, 9, 10 of Insolvency and Bankruptcy Code (IBC), 2016.

5.     Winding-up of Companies;

6.     Cases of Operation and Mismanagement.

7.     Application for Voluntary revision of financial statements or Board’s report of the company as per Section 131 of Companies Act, 2013.

8.     Reduction of Share Capital of Company.