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NCL

T
National Company Law Tribunal

PRESENTED BY:- FINLAW.IN Contac us:- FINLAW.IN


INSTRUCTIO
NS

The NCLT was established under the company act 2013 and was
contributed on 1st June 2016.
To check the mismanagement in the functioning of a company, the
Central government of India has set up a tribunal called the National
Company Law Tribunal.

NCLT is a quasi-judiciary body established in India, that makes a


formal judgment on a disputed matter, relating to the companies
issues in India
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Powers and Functions of
NCLT

1. Revival of Sick Industrial Companies


2. Matter of Merger, de merger, amalgamation
3. To Order Re-payment of Deposit Accepted By NBFCs
4. Winding Up of Companies
5. To Review it’s Own Order 3

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ADVANTAGES OF NCLT &
NCLAT

1. Avoid Multiplicity of Litigation


2. Comprises of Technical Experts Who Provide More Precise
Decision
3. Mixture of Judicial and Equitable Jurisdiction
4. Reduction in Period of Winding Up From 20/25 Years To 2 Yr.
5. Reduction in Pendency of Cases

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NCLT
RULES

1. Companies [ Compromises Arrangement and Amalgamations ]


2. Companies [ Revival and Rehabilitation of Sick Companies Rule]
3. Companies [ Prevention of Oppression and Mismanagement Rule]

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WHAT WE
OFFER?

LIQUIDATION & BANKRUPTCY

Our firm undertakes advisory and litigation work before the NCLT and
the High Court for claimants or defending the company.

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WINDING UP PETITION

we are specialists in helping businesses deal


with the threat of a Winding up Petition, one
of the most serious which can affect any
company. The crucial point to remember is
that from..

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COMMERCIAL CONTRACTS

High-end and complex contracts


encompassed within corporate work
including mergers, takeover, joint
ventures.

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FINANCIAL SERVICES &
BANKING

We represents financial
institutions and financial
services companies. Our teams
are able to support..

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START-UP SUPPORT

Our expertise helps a start-up


company in complying with the
existing laws, adherence to the
regulatory

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WHO WE ARE

Finlaw is a leading law firm in India, which has developed a high


specialization in the field of corporate law. Our law firm is a team of
highly qualified and experienced lawyers, who offer effective services
to our clients by combining broad knowledge of corporate law matters
with experience in key sub disciplines.
As a corporate lawyer, we work for a high-profile business clients,
helping them to succeed on national and international levels.

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THANK
S!
Any questions?
You can find me at info@Finlaw.in

+91-9820907711
1800-30-70-1099

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