The Corporate Insolvency and Bankruptcy Laws Bar Association, established to promote the study and advancement of corporate, insolvency, bankruptcy, economic, and allied laws, has submitted a representation to the Hon’ble Chairperson of the NCLAT on May 28, 2025, seeking the early constitution of a second bench at NCLAT, Chennai.
They stated that On 25.01.2019, in Swiss Ribbons v. Union of India, 2018 the Supreme Court recorded the undertaking given by the Union of India for “setting up of regional benches of the NCLAT and directed the Union of India to set up the same within 6 months from the date of the said order”.
Pursuant to which, the Ministry of Corporate Affairs had notified to constitute a permanent bench of…
