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SC upholds constitutional validity of Company Tribunals

Dated:- 14-5-2015 - New Delhi, May 14 (PTI) The Supreme Court today upheld the constitutional validity of provisions of the Companies Act of 2013 relating to setting up of National Company Law Tribunal and National Company Law Appellate Tribunal but .....

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ct providing for qualifications of technical members and held them to be invalid saying for appointment of technical members to NCLT, directions contained in 2010 judgment will have to be scrupulously followed. It said the apex court's 2010 order .....

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secure . It also held as invalid Section 412 of the new Act which contemplates selection by a committee consisting of two Judges and three Secretaries, saying this very issue stands concluded by the 2010 judgment which is now a binding precedent. We .....

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