The National Company Law Tribunal (NCLT) is a quasi-judicial authority in India, which plays a pivotal role in adjudicating matters under the Companies Act, 2013, the Insolvency and Bankruptcy Code, 2016 (IBC), and the National Company Law Tribunal Rules, 2016. Its jurisdiction spans a wide range of corporate disputes, including insolvency resolution, corporate restructuring, winding...
As businesses evolve, so do their capital structures. A company may at times find itself with surplus capital, accumulated losses, or a need to reorganize its equity base. The legal mechanism available for such restructuring is capital reduction. In India, capital reduction has always been tightly regulated due to its direct impact on shareholders and...
The protection of minority shareholders is fundamental to corporate governance in order to ensure equitable treatment and prevent oppression by majority stakeholders. A company functions through decisions made by its members and its Board of Directors. The appointment of directors is governed by a majority vote, which allows majority shareholders to effectively control the board...
The National Company Law Tribunal (NCLT) has become one of the most significant adjudicating bodies in India for matters related to corporate laws. Established under the Companies Act, 2013, NCLT in India functions as a quasi-judicial authority with the power to adjudicate issues related to companies, including disputes among shareholders, insolvency proceedings, and matters of...
