Wednesday, June 29, 2022

National Company Law Tribunal has issued notice in view of the lockdown by Government

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National Company Law Tribunal (NCLT) has decided to close all its benches from March 23rd, till March 31st for judicial work in view of the lockdown announced by several state governments and Central Govt notifying affected districts due to COVID19.

All parties/counsels will not be provided making oral submissions and requiring urgent hearing may send an email to the registry of NCLT Chennai and intimate the same to opposite party and NCLT Chennai after service of notice to the other side, Hon’ble Acting President sitting singly at Chennai will examine and pass necessary orders on Wednesday and Friday.

The NCLT discourages persons arriving to NCLT Chennai and an application made in that behalf has to be verified by the respective counsel through affidavit by mentioning their bar enrollment number, above process should not be abused by the parties. The application shall be sent to Registrar NCLT Chennai in cases of urgency from email of respective counsel.

It has been clarified that with to the IBC-2016 matters extension of time, approval of resolution plan and liquidation will not be construed as urgent matters. These matters will be taken up as soon as regular benches start functioning, until such time such application not to be filed.

Appositely, as financial year is at closure therefore for administrative work will remain functional and skeletal staff may attend the office as per decision of HOD of respective bench whenever required. Other staff will work from home and remain available on mobile phone.

-India Legal Bureau 

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