ADJUDICATION OF COMPANIES ACT MATTERS UNDER NCLT BY RAJENDER KUMAR

The book aims aims to provide guidance to the professionals and authorities regarding the Companies Act matter dealt under National Company Law Tribunal (NCLT).

14 May 2015 marked a milestone event in the history of Company Law in India. The Hon’ble Supreme Court passed an order to constitute National Company Law Tribunal (NCLT) after its prolonged journey and litigation. The functional jurisdiction of NCLT is the matters relating to Merger / Compromise / Arrangement and other matters relating to winding up of companies which were earlier dealt in the Hon’ble High Court.

Additionally it encompasses matters like prevention of Oppression and Mismanagement, investigation, compounding of offence etc. which were vested in the CLB. As the international markets become intertwined with each other, there is a need for simplification and rationalization of laws vis-a-vis multi-faceted laws on the same issue to cope up with the speed of transacting business. The National Company Law Tribunal has been envisaged in this direction.

In this dynamic legal and regulatory environment, Rajender Kumar (CMA, CS, LLB) presents the book “Adjudication of Companies Act matters under NCLT” to assist the readers. The book contains commentary on notified provisions / sections and case laws on Companies Act as well as Notifications & Rules in order to cater to the needs of professionals and authorities. An earnest endeavour is made to make available every concerned material in this book. The text provides a compilation of relevant judgments and observations to understand the adjudication of matters related to Companies Act under the purview of NCLT.