Bankruptcy Appellate Tribunal (BAT)

The Bankruptcy Appellate Tribunal (BAT) is a specialized judicial body in India that handles appeals related to bankruptcy cases. When parties involved in bankruptcy disputes are unhappy with decisions made by the National Company Law Tribunal (NCLT), they can take their cases to the BAT. Its role is to review these decisions to ensure they are fair, lawful, and correctly applied. The BAT helps maintain a consistent and transparent legal process for resolving bankruptcy issues, ensuring rights of creditors, debtors, and other stakeholders are protected within the framework of insolvency laws.