The Role of the National Company Law Tribunal (NCLT) in Insolvency Proceedings in India
The National Company Law Tribunal (NCLT) is a quasi-judicial authority established under the Companies Act, 2013, to adjudicate issues related to companies and limited liability partnerships (LLPs). It holds a central role in managing insolvency proceedings in India, as per the Insolvency and Bankruptcy Code (IBC), 2016. What are insolvency proceedings? Broadly, these are legal […]
