NCLT Lawyer in Ahmedabad - Advocate P M Modi
The National Company Law Tribunal is a quasi-judicial body in India that adjudicates issues relating to Indian companies. The central government has constituted NCLT under section 408 of the companies act 2013 (18 of 2013) w.e.f 01/06/2016. In the first face the ministry of corporate affairs have set up eleven Benches, one principal bench at New Delhi and ten benches at New Delhi, Ahmedabad, Bengaluru, Chandigarh, Chennai, Guahati, Hyderabad, Kolkata and Mumbai, These benches headed by the president and 16 judicial members and 09 Technical members at different locations, Subsequently more members have joined and benches at Cuttack, Jaipur, Kochi, Amravati, and Indore have been setup. Basically, NCLT is taken care of issues like financial and operational creditors, debtors and liquidation related disputes of the company, and many more issues related to companies acts. In other words, Insolvency applications against the corporate persons who owe a debt to some creditors and defaults ...