National Company Law Tribunal (NCLT)

The National Company Law Tribunal (NCLT) is a specialized court in India that deals with company-related legal matters. It handles issues such as company mergers, financial restructuring, and insolvency proceedings. Established under the Companies Act, 2013, the NCLT aims to provide fast and efficient resolution of corporate disputes, protecting the interests of creditors and shareholders. Decisions made by the NCLT can be appealed to the National Company Law Appellate Tribunal (NCLAT). Essentially, it serves as a key judicial body for managing corporate law issues in India.