National Company Law Tribunal

The National Company Law Tribunal (NCLT) is an Indian judicial body that handles company law matters, including insolvency, restructuring, mergers, and disputes involving companies. It was established to provide a specialized, efficient forum for resolving corporate issues, replacing traditional courts with experts in corporate laws. The NCLT ensures timely decisions to support healthy business environments and protect stakeholders' interests. Its formation aims to streamline corporate legal processes, reduce delays, and promote transparency and integrity in corporate governance across India.