Petition in Madras HC calls for establishing NCLAT Bench at ChennaiDecember 6 2018
A writ petition has been filed at the Madras High Court praying for the establishment of a Regional Bench of the National Company Law Appellate Tribunal (NCLAT) at Chennai, in view of the pathetic situation being faced by litigants in accessing the NCLAT Bench at New Delhi.
Filed by a Chartered Accountant, the petition points out that there is only one NCLAT Bench to deal with crores of appeals from NCLT orders across the country. As per Section 61 of the Insolvency and Bankruptcy Code, 2016 . . .
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