National Company Law Tribunal, New Delhi
The NCLT is the forum for company law and insolvency matters. Shareholder and director disputes, oppression and mismanagement petitions, mergers, and corporate insolvency proceedings under the IBC are all heard here rather than in the civil courts.
Matters heard here
- Corporate insolvency resolution petitions under the IBC
- Oppression and mismanagement petitions
- Shareholder and director disputes
- Mergers, amalgamations and schemes of arrangement
- Restoration of struck-off companies
- Appeals to the NCLAT
Practical information
- Location
- New Delhi benches of the National Company Law Tribunal
- Governing law
- Companies Act, 2013 and the Insolvency and Bankruptcy Code, 2016
- Insolvency threshold
- Minimum default of Rs 1 crore for corporate insolvency
- Appeal
- To the National Company Law Appellate Tribunal, and thereafter to the Supreme Court
Court timings, cause lists and jurisdictional assignments change from time to time. Confirm the current position for your matter before travelling.
Common questions
Can I use the NCLT to recover money from a company?
Only where the default meets the statutory threshold and the debt is genuinely undisputed. The Code is a resolution mechanism, not a recovery forum, and petitions filed purely as pressure are dismissed where a pre-existing dispute exists.
What is oppression and mismanagement?
It is a statutory remedy for minority shareholders where the affairs of a company are being conducted in a manner prejudicial to them or to the company. Relief can include buy-out orders, removal of directors and setting aside of transactions.
Appearing at NCLT, New Delhi?
Send us the summons or order and we will tell you what the date is for and whether you need to be present.