NCLT LAWYERS from Rajendra Law office, Chennai Tamil Nadu, India. National Company Law Tribunal offers the remedy for Companies and Individuals who deal with Companies in case of Violation. Rajendra Law Office is indeed a Team of Best NCLT and NCLAT Advocates in India.

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NCLT & NCLAT Advocates in Chennai

The National Company Law Tribunal and National Company Law Appellate Tribunal is established under the Companies Act 2013. In fact, NCLT and NCLAT were constituted on 1st June 2016.

Firstly, NCLT and NCLAT is a quasi-judicial body. Moreover, They enforce some of the judicial and quasi-judicial powers.
As a matter of fact, National Company Law Tribunal powers were earlier exercised by High Court, BIFR, AAIFR, Central Government or Company Law Board. Chiefly, Corporate attorneys in Rajendra Law office handle NCLT & NCLAT cases in Chennai.

Find the best Corporate lawyer for NCLT in Chennai

The National Company Law Tribunal has the power under the Companies Act to adjudicate proceedings:

Initiated before the Company Law Board under the previous act
Pending before the BIFR and the Sick Industrial Act
Pending before the Appellate Authority for Industrial and Financial Reconstruction -AAIFR and
Related to claims of winding up of companies, oppression and mismanagement of a company and all other powers prescribed under the Companies Act.

You go for an appeal to the National Company Law Appellate Tribunal against the Decisions of the National Company Law Tribunal .

Illustrative lists of matters that can go ahead with NCLT are as follows:

Filing or applying in National Company Law Tribunal

Consequences of failure : Approach the NCLT for relief from consequences of failure to follow conditions constituting it a private company.
Repayment of matured deposits : Apply to the NCLT to direct the company to make repayment of matured deposits.
Rectification of Register of Members : Approach the National Company Law Tribunal for rectification of Register of Members on refusal of registration of transfer of securities or interest of a member in the company not having share capital
Refusal of registration of transfer: Approach the NCLT for rectification of Register of Members on any ground including refusal of registration of transfer/transmission of securities or interest of a member in the company (for company not having share capital
Debenture trustee may file a petition before the National Company Law Tribunal if he feels the assets of a company are insufficient to discharge the principal amount when it becomes due.
Debenture trustee or debenture holder may approach the NCLT upon failure of company to redeem debentures on due date.
Member of the company or debenture holder may approach the NCLT upon refusal of company to furnish copy of trust deed.

Other Purposes of National Company Law Tribunal

To direct inspection of copies of instrument creating charges of Register of Charges.
Person requiring copies or inspection of registers or returns can file application with NCLT
For directing to call annual general meeting.
For ordering for calling of general meeting (other than annual general meeting).
Inspection : NCLT can pass an order directing immediate inspection or copy of minute books
To pass an order directing that a copy of balance sheet and auditor’s report demanded be furnished forthwith to person concerned.
Defamatory matter: National Company Law Tribunal can decide about whether right of auditors’ representation circulated and read out at meeting. In the same way, It can also decide about abuses for needless publicity for defamatory matter. NCLT can order costs of company on an application to pay in whole or in part by retiring auditors.
To declare by an order the inspector(s) to investigate the affairs of a company.

Powers of National Company Law Tribunal

Investigate: NCLT may in the course of any proceedings before it, declare by an order that the affairs of the company ought to investigate as regards the membership of the company and other matters relating to the company, to determining the true persons
Complaint by any person for finding out facts about shares / securities issues / yet to issue / transfer.
The Central Government may refer matter to the NCLT either suo motu or on any information received by it is, prima facie, of the opinion that any appointment made of director or a manager in a public / private company which is a subsidiary of a public company, without the approval of the Central Government
National Company Law Tribunal can decide about whether a director’s representation circulated and read out in meeting is abuses for needless publicity and defamatory matter. It has the power to order costs of company on application to pay in whole or in part by such director.
Section 303 : To pass an order directing immediate inspection of register maintained under Section 303.
The Central Government may refer to the NCLT to adjudicate whether some managerial person is a fit and proper person to hold the office of director or any other office connected with the conduct and management of any company.
Mismanagement : To exercise powers in connection with prevention of oppression and/or mismanagement.
Appointment of managing director or manager. To grant leave for an appointment of managing director or manager in termination of their agreement.
Directors : To decide whether it is necessary to appoint Government directors on the Board of directors. Also to advice the Central Government.
To prevent change in Board of directors.
To pass an order directing a company to make good the default from its failure to make returns

Contact the Top NCLT lawyers for The National Company Law Tribunal and National Company Law Appellate Tribunal

Rajendra Law office NCLT Lawyers & NCLAT Advocates in Chennai represent before the National Company Law Tribunal & National Company Law appellate Tribunal about the above listed issues and other issues too.
Meanwhile, National Company Law Tribunal allows professionals like Advocates, Company Secretaries & Chartered Accountants to practice before the Tribunal. But many find it difficult to file application or petition or any other document or appear before the NCLT.

NCLT Legal services in retainer-ship

Top Corporate attorneys would be happy to represent you in NCLT for your Civil issues. Most of all, Our legal services in retainer-ship are transparent and simple.

Best NCLT Lawyers in Chennai India help to resolve your legal matter with ease truly. Without doubt, Our firm facilitates Instant legal advice for any trade and commerce. By the way, We provide Cost Effective Service with no hidden charges.

FEEL FREE TO CONTACT OUR NCLT ATTORNEYS & NCLAT ADVOCATES IN CHENNAI!