The government should implement capacity building measures and ensure efficient and quick appointments of members at the National Company Law Tribunal (NCLT), the tribunal’s former President Justice (Retd) M M Kumar said on Thursday.
“NCLT is a specialised tribunal, it has Companies Act and IBC (Insolvency and Bankruptcy Code), it is not like High Court, a High Court judge has to deal with constitutional matters and has to decide a variety of cases,” Kumar said while addressing an event.
These specialist tribunals are required to be very well equipped and should be in a position to dispose of more cases than a High Court judge, who disposes of about 2,000 cases in a year, he said while speaking at the National E- Summit on IBC and Valuati…
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