NEW DELHI — The Supreme Court has raised concerns over the administrative functioning of the National Company Law Tribunal (NCLT) and the National Company Law Appellate Tribunal (NCLAT), questioning the extent of the Corporate Affairs Ministry’s control over the institutions.
The court stressed the need to protect the tribunals’ administrative independence and ensure that their leadership has sufficient authority to manage their affairs.
It also highlighted staff shortages and infrastructure problems affecting their functioning.
Of the NCLT’s 320 sanctioned regular administrative posts, only 67 are currently filled. The presidents of the NCLT and NCLAT have been asked to submit proposals addressing staffing, infrastructure and administrative requirements within four weeks.
The observations underline the importance of strengthening the tribunals that handle major corporate and insolvency disputes in India.
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