Tuesday, 3 July 2018

NCLT bench in Jaipur Rajasthan

The Central Government has notified that a Bench of the National Company Law Tribunal will be set up in Jaipur, Rajasthan which will be effective from July this year. 

The Central government, in exercise of its power under Section 419 (1) of the Companies Act, 2013, has set up this new Bench at Jaipur. The notification will take effect from July 1.In the absence of a NCLT Bench at Rajasthan, all the disputes under the Companies Act had to be heard by the New Delhi Bench.The Hon'ble President of National Company Law Tribunal, in exercise of the powers conferred under Section 419 of the Companies Act, 2013, has constituted the National Company Law Tribunal Bench at Jaipur for the purpose of exercising and discharging the Tribunal's powers and functions

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