There are some of the most commonly asked questions about What NCLT stands for | What is the Meaning of NCLT | Acronyms for NCLT | Definition of NCLT | NCLT meaning | NCLT full form in different categories.
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
| Acronyms | Meaning | Category |
|---|---|---|
| NCLT | Nanotechnology Center for Learning and Teaching | Technology |
| NCLT | National Center for Learning and Teaching | Educational |
| NCLT | National Centre for Language Technology | Technology |
| NCLT | National College of Legal Training | Law & Legal |
| NCLT | National Company Law Tribunal | Companies & Firms |
| NCLT | Nicollet Process Engineering | NASDAQ Symbols |
| NCLT | No Compensable Lost Time | Miscellaneous |
| NCLT | Non-Circulating Legal Tender | Coins |
| NCLT | Non-Circulating Legal Tender | Law & Legal |
| NCLT | Northern California Land Trust | Miscellaneous |
| NCLT | Northern Connecticut Land Trust | Miscellaneous |
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.