National Company Law Appellate Tribunal
Also called: NCLAT · Topic: Justice Delivery: Subordinate Courts, Tribunals, Legal Aid and Judicial Reforms · NCERT: Beyond NCERT
Meaning
The National Company Law Appellate Tribunal (NCLAT) is the appeal body above the National Company Law Tribunal (NCLT), which was set up under the Companies Act 2013. The NCLAT hears appeals against orders of:
- the NCLT
- the Insolvency and Bankruptcy Board of India (IBBI)
- the Competition Commission of India (CCI), since 2017
- the National Financial Reporting Authority (NFRA)
It matters for business disputes and corporate insolvency under IBC 2016.
Example
The CCI fines a company for unfair market practices. The company can challenge the fine before the NCLAT.
Don't confuse with
- National Company Law Tribunal (NCLT): the first-level body that decides company disputes and insolvency cases. The NCLAT hears appeals against its orders.
Related concepts
- National Green Tribunal
- National Company Law Tribunal
- Debt Recovery Tribunal
- Securities Appellate Tribunal
- Income Tax Appellate Tribunal
- GST Appellate Tribunal
- Armed Forces Tribunal
- Consumer Disputes Redressal Commissions