National Company Law Tribunal’s (NCLT's) Role in Corporate Restructuring: A Comprehensive Analysis

Introduction Established under the Companies Act of 2013, the National Company Law Tribunal is a quasi-judicial body that renders decisions on issues pertaining to Indian corporations. In accordance with the 2016 Insolvency and Bankruptcy Code, the National Company Law Tribunal is tasked with adjudicating matters corresponding to the insolvency resolution process, corporate reconstruction, and limited liability partnership cases. The National Company Law Tribunal (NCLT) plays a crucial role...