The CG Has Notified The Constitution Of The National Company Law Appellate Tribunal, Chennai Bench

The CG Has Notified The Constitution Of The National Company Law Appellate Tribunal, Chennai Bench

The Central Government through its notification issued on 13th March, 2020, notified that it is going to, in exercise of its power under Section 410 of the Companies Act, 2013, constitute another bench of the National Company Law Appellate Tribunal (NCLAT) at Chennai. The NCLAT, Chennai bench will have jurisdiction over most of the Southern States, whereas the Delhi bench of the NCLAT will be known as the Principal bench and will continue to have jurisdiction over all the States, except those under the Chennai bench.

Key features

  • The Chennai bench to have jurisdiction over Karnataka, Tamil Nadu, Kerala, Andhra Pradesh, Telangana, Lakshadweep and Puducherry.
  • The New Delhi bench of the NCLAT will be known as the Principal bench.

The Central Government’s Notification

The Ministry of Corporate Affairs, issued notification on 13th March, 2020 stating that, via its powers under Section 410 of the Companies Act, 2013 the Central Government is going to constitute another bench of the National Company Law Appellate Tribunal at Chennai to hear appeals against the orders of the National Company Law Tribunal bench having jurisdiction over Karnataka, Tamil Nadu, Kerala, Andhra Pradesh, Telangana, Lakshadweep and Puducherry.

In its notification the Ministry of Corporate Affairs also stated that the New Delhi bench of the NCLAT shall be known as the Principal bench and will continue to hear appeals from all other than those within the jurisdiction of the NCLAT, Chennai bench. The said notification will come into force with effect from the 18th of March, 2020.

Edited by J. Madonna Jephi

Approved & Published – Sakshi Raje

Reference

1. Ministry of Corporate Affairs, REGD. No. D.L- 33004/99, New Delhi Friday, March 13th, 2020. (Chennai Bench of NCLAT Central Govt. notification)