{"id":7826,"date":"2019-12-03T10:17:22","date_gmt":"2019-12-03T10:17:22","guid":{"rendered":"https:\/\/sunkrish.com\/?p=7826"},"modified":"2019-12-05T09:35:26","modified_gmt":"2019-12-05T09:35:26","slug":"govt-to-set-up-nclt-bench-in-chennai","status":"publish","type":"post","link":"https:\/\/sunkrish.com\/index.php\/2019\/12\/03\/govt-to-set-up-nclt-bench-in-chennai\/","title":{"rendered":"Govt to set up NCLT bench in Chennai"},"content":{"rendered":"<figure id=\"attachment_7851\" class=\"thumbnail wp-caption alignleft\" style=\"width: 300px\"><a href=\"https:\/\/sunkrish.com\/wp-content\/uploads\/Bancruptcy-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-7851\" src=\"https:\/\/sunkrish.com\/wp-content\/uploads\/Bancruptcy-1-300x134.jpg\" alt=\"\" width=\"300\" height=\"134\" srcset=\"https:\/\/sunkrish.com\/wp-content\/uploads\/Bancruptcy-1-300x134.jpg 300w, https:\/\/sunkrish.com\/wp-content\/uploads\/Bancruptcy-1-150x67.jpg 150w, https:\/\/sunkrish.com\/wp-content\/uploads\/Bancruptcy-1.jpg 336w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption class=\"caption wp-caption-text\"><em>Apart from decision to set up the NCLAT Bench in Chennai, five new Benches of the NCLT were set up during 2018-2019 in Jaipur, Cuttack, Kochi, Indore and Amaravati. Benches of the NCLT are set up in states depending on the case load and other relevant factors.<\/em><\/figcaption><\/figure>\n<p style=\"text-align: left;\">The Centre has decided to set up a Bench of the National Company Law Appellate Tribunal (NCLAT) in Chennai for clearing pending litigations.<\/p>\n<p>\u00a0<\/p>\n<p style=\"text-align: left;\">Apart from decision to set up the NCLAT Bench in Chennai, five new<br \/>Benches of the NCLT were set up during 2018-2019 in Jaipur, Cuttack, Kochi, Indore and Amaravati.<\/p>\n<p>\u00a0<\/p>\n<p>The government has recently appointed another 28 members in the NCLT and 4 more members in the NCLAT. For capacity building of members, regular colloquiums are being held, apart from e-Court project being implemented in a few Benches with heavy case load.<\/p>\n<p>\u00a0<\/p>\n<p>Anurag Singh Thakur, Union minister for state for finance &amp; corporate affairs, in a written reply to a question in the Lok Sabha said the Chennai NCLAT Bench is being set up in pursuance of judgment of the Supreme Court.<\/p>\n<p>Benches of the NCLT are set up in states depending on the case load and other relevant factors. Considering the heavy case load at some existing Benches, additional members have been appointed and additional courts have been operationalised from time to time.<\/p>\n<\/p>\n<p>Thakur also said the government is taking steps to strengthen the NCLT and NCLAT in terms of number of Benches, number of courts and number of members to reduce pendency.<\/p>\n<\/p>\n<hr \/>\n<p style=\"text-align: center;\">Press Information Bureau <br \/>Government of India<br \/>Ministry of Corporate Affairs<\/p>\n<p>\u00a0<\/p>\n<\/p>\n<p style=\"text-align: right;\">02-December-2019 15:12 IST<\/p>\n<p style=\"text-align: center;\"><strong>Government to set up National Company Law Appellate Tribunal Bench in Chennai<\/strong><\/p>\n<p style=\"text-align: left;\">In pursuance of judgement of Hon\u2019ble Supreme Court, the Government has decided to set up a bench of National Company Law Appellate Tribunal (NCLAT) at Chennai.<\/p>\n<p style=\"text-align: left;\">This was stated by Shri Anurag Singh Thakur, Union Minister for State for Finance &amp; Corporate Affairs, in a written reply to a question in Lok Sabha today.<\/p>\n<p>Benches of National Company Law Tribunal (NCLT) are set up in various States depending on the case load and other relevant factors. Considering the heavy case load at some existing benches, additional members have been appointed and additional courts have been operationalised from time to time.<\/p>\n<p>The Minister further stated that the Government is taking all steps to strengthen the NCLT and NCLAT in terms of number of benches, number of courts and number of members, to reduce the pendency.<\/p>\n<p style=\"text-align: left;\">Apart from decision to set up NCLAT bench at Chennai, five new benches of NCLT have been set up during 2018-2019 at Jaipur, Cuttack, Kochi, Indore and Amaravati. The Government has recently appointed 28 more members in NCLT and 4 more members in NCLAT. For capacity building of members, regular colloquiums are being held. e-Court project has also been implemented in a few benches with heavy\u00a0 case load.<\/p>\n<p style=\"text-align: center;\">***********<\/p>\n<p style=\"text-align: left;\">Source: <a href=\"https:\/\/www.financialexpress.com\/economy\/govt-to-set-up-nclt-bench-in-chennai\/1782532\/\" target=\"_blank\" rel=\"noopener noreferrer\">Financial Express<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Centre has decided to set up a Bench of the National Company Law Appellate Tribunal (NCLAT) in Chennai for clearing pending litigations. \u00a0 Apart from decision to set up the NCLAT Bench in Chennai, five newBenches of the NCLT &hellip; <a href=\"https:\/\/sunkrish.com\/index.php\/2019\/12\/03\/govt-to-set-up-nclt-bench-in-chennai\/\">Continued<\/a><\/p>\n","protected":false},"author":1,"featured_media":7851,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[490,15,4,493],"tags":[297,311,296,505],"class_list":["post-7826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-incorporations-e-filing-of-mca-returns","category-corporate-business-advisory-services","category-financial-corporate-services","category-economy-business-updates-corporate-affairs","tag-company-law","tag-corporate","tag-ministry-of-corporate-affairs-mca","tag-national-company-law-tribunal-nclt"],"_links":{"self":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/7826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/comments?post=7826"}],"version-history":[{"count":38,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/7826\/revisions"}],"predecessor-version":[{"id":7889,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/7826\/revisions\/7889"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/media\/7851"}],"wp:attachment":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/media?parent=7826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/categories?post=7826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/tags?post=7826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}