NCLT Laws and Regulations.
The National Company Law Tribunal (NCLT) is a quasi-judicial body in India adjudicating issues concerning the country. It was formed on June 1, 2016, as per the provisions of the Companies Act 2013 (Section 408) A quasi-judicial body is a non-judicial body that can interpret the law. NCLT is a quasi-judicial authority incorporated for dealing with corporate disputes that are civil arising under the Companies Act. About claims of oppression and mismanagement of a company, winding up of companies, and all other powers prescribed under the Companies Act. Enforcement of Company Law: NCLT can enforce provisions of the Companies Act, 2013, and take necessary actions against non-compliant companies or individuals. It has the power to impose penalties, order rectification of company records, and initiate prosecution for violations. The National Company Law Tribunal is a quasi-judicial body in India that adjudicates issues relating to Indian companies. The tribunal was established under t...