SENSEX
NIFTY
GOLD
USD/INR

Weather

image 20    C

Global Business News

The Economic Times

Global Business / The Economic Times

details

NCLT, NCLAT 'hijacked' by corporate affairs ministry: Supreme Court

The Supreme Court expressed discontent with the Ministry of Corporate Affairs regarding appointments in the National Company Law Tribunals. The court emphasized the need for NCLT and NCLAT to gain full autonomy over their staff. It criticized arrangements outsourcing tribunal staff recruitment to private companies, which could jeopardize existing contractual employees. The court urged comprehensive proposals from NCLT and NCLAT presidents to improve operational requirements.

30 Oct 2026 8:04 am