What is NCLT Meaning, Full Form, And Definition

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The Full Form of NCLT: National Company Law Tribunal

NCLT stands for National Company Law Tribunal. The National Company Law Tribunal (NCLT) is a quasi-judicial body in India established under the Companies Act, 2013. It was constituted to handle matters related to corporate disputes, insolvency, and other issues concerning companies and limited liability partnerships (LLPs). NCLT was established to replace the Company Law Board (CLB) and the Board for Industrial and Financial Reconstruction (BIFR).

Functions of the National Company Law Tribunal

The primary functions of the National Company Law Tribunal include:

  • Adjudication of Company Law Matters: NCLT has jurisdiction over a wide range of matters related to companies, including matters related to mergers and acquisitions, compromise and arrangements, oppression and mismanagement, and the winding up of companies.
  • Insolvency and Bankruptcy Proceedings: NCLT also deals with insolvency and bankruptcy cases under the Insolvency and Bankruptcy Code (IBC). It is responsible for initiating the Corporate Insolvency Resolution Process (CIRP) and deciding on matters related to the insolvency and restructuring of companies.
  • LLP Matters: NCLT handles cases and disputes related to Limited Liability Partnerships (LLPs) under the Limited Liability Partnership Act, 2008.
  • Reduction of Share Capital: The Tribunal is also involved in matters related to the reduction of share capital of companies.

Other Acronyms, and meanings of NCLT

NCLTNanotechnology Center for Learning and TeachingTechnology
NCLTNational Center for Learning and TeachingEducational
NCLTNational Centre for Language TechnologyTechnology
NCLTNational College of Legal TrainingLaw & Legal
NCLTNational Company Law TribunalCompanies & Firms
NCLTNicollet Process EngineeringNASDAQ Symbols
NCLTNo Compensable Lost TimeMiscellaneous
NCLTNon-Circulating Legal TenderCoins
NCLTNon-Circulating Legal TenderLaw & Legal
NCLTNorthern California Land TrustMiscellaneous
NCLTNorthern Connecticut Land TrustMiscellaneous

Related FAQs

What is the meaning of NCLT?

The meaning of NCLT is “National Company Law Tribunal “.

What does NCLT stands for

NCLT stands for “National Company Law Tribunal “.

What is the full form of NCLT?

The Full Form of NCLT is “National Company Law Tribunal “.

What does NCLT mean?

NCLT means “National Company Law Tribunal “.

What is the NCLT Meaning?

The NCLT means “National Company Law Tribunal “.

What is the NCLT Full Form

The NCLT Full Form is “National Company Law Tribunal“.

Now you might have got some ideas about the Meaning of NCLT. And also the meaning, definition, abbreviation, and acronym for NCLT in different categories.