This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages) This article provides insufficient context for those unfamiliar with the subject. Please help improve the article by providing more context for the reader. (October 2019) (Learn how and when to remove this message) This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "National Company Law Appellate Tribunal" – news · newspapers · books · scholar · JSTOR (October 2019) (Learn how and when to remove this message) (Learn how and when to remove this message)

This article is part of a series on
Corporate law
By jurisdiction Anguilla Australia BVI Canada Cayman Islands India South Africa UK United States Vietnam European Union France Germany
General corporate forms Company Conglomerate Cooperative Corporation Holding company Joint-stock Partnership General Limited Limited liability Private limited Shell corporation Shelf corporation Sole proprietorship
Corporate forms by jurisdiction European Union Societas (SE) Societas cooperativa (SCE) Societas privata (SPE) Societas unius personae (SUP) Economic interest grouping (EEIG) UK / Ireland / Commonwealth Charitable incorporated organisation (England and Wales) (CIO) Scottish charitable incorporated organisation (SCIO) Community interest company (CIC) Industrial and provident society (IPS) Limited company (Ltd.) by guarantee by shares proprietary public Unlimited company United States Benefit corporation C corporation Limited liability company (LLC) Low-profit LLC Series LLC Limited liability limited partnership (LLLP) S corporation Delaware corporation / statutory trust Massachusetts business trust Nevada corporation Others Aktiebolag (AB) Aktiengesellschaft (AG) Ansvarlig selskap (ANS) Aktieselskab (A/S) Aksjeselskap (AS) Gesellschaft mit beschränkter Haftung (GmbH) Kabushiki gaisha (K.K.) Naamloze vennootschap (N.V.) Osakeyhtiö (Oy) S.A. Société à responsabilité limitée (SARL) more...
Doctrines Business judgment rule Corporate governance De facto and estoppel corporations Internal affairs doctrine Limited liability Tag-along right Drag-along right Piercing the corporate veil Rochdale Principles Ultra vires
Related areas Beneficial ownership Civil procedure Contract Corporate registers Registered agent
Company portal Law portal
v t e

The National Company Law Appellate Tribunal (NCLAT) is a tribunal which was formed by the Central Government of India under Section 410 of the Companies Act, 2013. The NCLAT was formed as a body with an appellate jurisdiction at the same time when NCLT was established as a major reform as per powers granted to the Ministry of Corporate Affairs in India.

The tribunal is responsible for hearing appeals from the orders of National Company Law Tribunal(s) (NCLT), starting on 1 June 2016.^[1]

The tribunal also hears appeals from orders issued by the Insolvency and Bankruptcy Board of India under Section 202 and Section 211 of IBC. It also hears appeals from any direction issued, decision made, or order passed by the Competition Commission of India (CCI) and the National Financial Reporting Authority (NFRA).

On 8 November 2021, Justice Ashok Bhushan has been appointed as the Chairperson of the Appellate Tribunal.^[2]

National Company Law Appellate Tribunal was formed on 1 June 2016 under The Companies Act 2013.^[3] The tribunal was formed as appellate authority to the aggrieved persons against the orders of National Company Law Tribunal which were passed under Section 61 of the Insolvency and Bankruptcy Code, 2016.

The decisions of National Company Law Appellate Tribunal are appealable in the Supreme Court of India. National Company Law Appellate Tribunal has principle bench in Delhi and other one in Chennai.^[4]

The NCLAT includes a Chairperson, 3 judicial members, and 2 technical members.^[5] It consists of a total of not more than eleven members.^[3] Ashok Bhushan, retired judge of Supreme Court is the current chairman of National Company Law Appellate Tribunal.^[6]

Qualifications for Judicial member at National Company Law Appellate Tribunal:

• Should be of 50 years old.
• Served at least 5 years as District Judge or High Court Judge or has a minimum 10 years experience serving in any judicial authority.

Qualifications for Technical member at National Company Law Appellate Tribunal:

• Should be of 50 years old.
• Any person practicing as a Chartered Accountant, Cost Accountant or Company Secretary for a period of 15 years.
• Any person holding the rank of Secretary or Additional Secretary to the central government and is a member of the Indian Corporate Law Service or Indian Legal Service for more than 15 years.

Following are the powers and functions of National Company Law Appellate Tribunal.

• Orders issued by Competition Commission of India (CCI).
• Orders issued by Insolvency and Bankruptcy Board of India.