The record
Written from the 1 report below. Nothing here is unsourced.
- The Supreme Court criticized the substandard facilities and high vacancy rates at the National Company Law Tribunal and the National Company Law Appellate Tribunal.
- These tribunals handle critical cases involving nationalized banks and major infrastructure projects.
- Tribunals in Delhi are operating from dilapidated buildings with leaking roofs and limited business hours.
- Deficiencies in staffing and technology are severely hampering the adjudication of important insolvency cases.
What to watch next
- Government response to providing basic amenities and infrastructure for NCLT and NCLAT.
- Actions taken to fill member vacancies at the tribunals.
Who said what2
Only words found exactly in the article are shown, attributed and linked to the line they came from.
Surya Kant
Chief Justice of India
2 quotes · 1 outlet
“They are govt's lifeline now. All nationalised banks, banking sector and all infrastructure projects are also matter of examination before these tribunals only”
In the article
…(NCLT) and appellate NCLAT, Supreme Court Monday said the situation is unacceptable as these two tribunals have to daily deal with Insolvency and Bankruptcy Code matters involving thousands of crores of rupees." They are govt's lifeline now. All nationalised banks, banking sector and all infrastructure projects are also matter of examination before these tribunals only ," said a bench of CJI Surya Kant and Justices Joymalya Bagchi and V Mohana after senior advocate Sanjiv Sen on behalf of NCLT Bar Association pointed out that the tribunals' function from dilapidated buildings with…
“How will an institution function unless you provide the basic amenities? You don't have buildings, you don't have staff, you don't have judgment writers, you don't have proper, adequate technological inclusion.”
In the article
…in Delhi with most of the benches sitting for half a day. In addition, a severe shortage of support staff is impeding adjudicatory functions of available members, he claimed.Addressing the concern to govt, CJI said, " How will an institution function unless you provide the basic amenities? You don't have buildings, you don't have staff, you don't have judgment writers, you don't have proper, adequate technological inclusion. "…
Coverage1
All filed from India
Named India · National Company Law Appellate Tribunal · National Company Law Tribunal · Government of India · Joymalya Bagchi · NCLT Bar Association · Sanjiv Sen · Supreme Court · Surya Kant · V Mohana
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