With the Constitution of NCLT/ NCLAT, Company Law
Board stands dissolved
Press Release
dated 1st June 2016
issued by PIB
dated 1st June 2016
issued by PIB
NCLT/ NCLAT – Constitution - Hon’ble
Justice S.J. Mukhopadhaya, Judge (Retd.), Supreme Court of India joins as the
Chairperson of the NCLAT while Hon’ble Justice M.M. Kumar, Judge (Retd.) joins
as the President of the NCLT
The
Ministry of Corporate Affairs has issued notification for constitution of the
National Company Law Tribunal (NCLT) and National Company Law Appellate
Tribunal (NCLAT) with effect from today i.e. 1st June, 2016. Hon’ble Justice
S.J. Mukhopadhaya, Judge (Retd.), Supreme Court of India has joined as the
Chairperson of the NCLAT and Hon’ble Justice M.M.Kumar, Judge (Retd.) has
joined as the President of the NCLT.
With
the constitution of the NCLT, the Company Law Board constituted under the
Companies Act, 1956 stands dissolved.
Initially,
NCLT will have eleven Benches, two at New Delhi and one each at Ahmedabad,
Allahabad, Bengluru, Chandigarh, Chennai, Guwahati, Hyderabad,Kolkata and
Mumbai.
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