The Centre has set up a separate Bench of the National Company Law Appellate Tribunal (NCLAT) at Chennai. It has been in operation since 18 March. As per the notification issued in this context, the Chennai bench of NCLAT will hear petitions filed against the orders of the National Company Law Tribunal (NCLAT) of Karnataka, Tamil Nadu, Kerala, Andhra Pradesh, Telangana, Lakshadweep, and Puducherry.
According to the notification, the New Delhi Bench of NCLAT will be known as Pradhan Peeth (Principle Bench). It will continue to hear petitions other than appeals having jurisdiction over the Chennai bench of NCLAT.
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Importance of NCLAT
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