Quick Summary
NCLT handles company disputes, insolvency, mergers, and oppression cases.
NCLT replaced the Company Law Board and BIFR. It has benches across India and deals with matters like oppression and mismanagement, winding up, mergers/amalgamations, and insolvency proceedings under IBC.
Key Points
- Quasi-judicial body
- Replaced CLB and BIFR
- Handles company disputes
- Insolvency jurisdiction
- Multiple benches across India