National Company Law Appellate Tribunal (NCLAT)

Category: Polity / Economy / Corporate Law

  • NCLAT was constituted under Section 410 of the Companies Act, 2013.
  • It came into effect on 1 June 2016.
  • It hears appeals against orders of the National Company Law Tribunal (NCLT).
  • Under the Insolvency and Bankruptcy Code, 2016, NCLAT is an appellate forum for specified NCLT orders.
  • It also hears specified appeals involving bodies such as IBBI.
  • Decisions of NCLAT can be appealed to the Supreme Court on a point of law.

Prelims Pointers: NCLT → Adjudicating tribunal | NCLAT → Appellate tribunal | Act → Companies Act, 2013 | Established → 2016.