Fox Mandal Newsletter – National Company Law Tribunal – Recent Updates

We all know that Indian Judiciary Courts are burdened with number of cases. With an objective of reducing the burden of High Courts and also empowering the Company Law Board, a Tribunal has been constituted. It is also aimed to consolidate all matters relating to the Companies scattered with High Courts, Board of Industrial and Financial Reconstruction and other forums, into one single forum named as National Company Law Tribunal (NCLT).