NCLT Lawyer
NCLT Lawyer: Legal Light Consulting Law Firm located in South Delhi and advising, drafting and contesting the legal matters related to NCLT, NCLAT, Companies Litigation Cases, and Corporate Law Cases.
Insolvency and bankruptcy code cases, DRT Litigation Matters, Debt Recovery Cases, DART Matters Lawyers, Money Recovery Suits, National Company Law Tribunals Matters.
National Company Law Appellate Tribunal Cases, Lawyers for NCLT and NCLAT in Delhi, National Company Law Tribunal Law Firm Delhi India.
NCLT Benches: The Central Government has constituted National Company Law Tribunal (NCLT) under section 408 of the Companies Act, 2013 (18 of 2013) w.e.f. 0106.2016.
In the first phase the Ministry of Corporate Affairs has set up eleven Benches, one Principal Bench in New Delhi and one each Regional Bench in New Delhi, Ahmedabad, Allahabad, Bengaluru, Chandigarh, Chennai, Guwahati, Hyderabad, Kolkata and Mumbai.
Primarily we practice in New Delhi, but we used to appear before all NCLTs across the country.
Before the NCLT & NCLAT following kinds of cases/appeals/petitions and applications are generally filed, under the New Companies Act, 2013:
- An application under section 2(41) of the Companies Act, 2013 for change in a financial year.
- An application under section 7(7) of the Companies Act, 2013 to the Tribunal where the company has been incorporated by furnishing false or incorrect info or by any fraudulent action.
- An application under section 14(1) of the Companies Act, 2013 for the conversion of a public company into a private company.
- An application under section 55(3) of the Companies Act, 2013 for the issue of further redeemable preference shares.
- An appeal under section 58(3) of the Companies Act, 2013 against the refusal of registration of shares.
- An appeal under section 59 of the Companies Act, 2013 for rectification of the register of members.
- An appeal under section 64(4) of the Companies Act, 2013 against the order of Govt.
- Fixing terms and conditions for conversions of debentures and shares.
- A petition under section 71(9) of the Companies Act, 2013 by debenture-trustees.
- An application under section 71(10) of the Companies Act, 2013 for the failure of redeeming debentures.
- An application under section 73(4) of the Companies Act, 2013 by (depositor) for repayment of deposit or interest.
- An application under section 74(2) of the Companies Act, 2013 to allow further time as considered reasonable to the company to repay deposits.
- An application under section 97(1) of the Companies Act, 2013 for calling of Annual General meeting.
- An application under section 98(1) of the Companies Act, 2013 for calling the general meeting of the company other than the Annual General meeting.
- A petition under section 119(4) of the Companies Act, 2013 to pass an order directing immediate inspection of minute’s books or directing a copy thereof be sent forthwith to the person requiring it.
- An application under section 130(1) of the Companies Act, 2013 for re-opening of books of accounts, if made by any person other than Central Government, Income Tax authorities, SEBI or any other statutory regulatory body or authority.
- An application under section 131(1) of the Companies Act, 2013 by the company for voluntary revision of financial statement on the Board’s report.
- An application under section 140(4) of the Companies Act, 2013 for not sending a copy of the representation of the auditor to the members.
- An application under section 140(5) of the Companies Act, 2013 by any other person concerned for change of auditors.
- An application under section 169(4) of the Companies Act, 2013 for not sending copies of representation
- An application under section 213 of the Companies Act, 2013 to the Tribunal for an investigation into company affairs.
- An application under section 218(1) of the Companies Act, 2013 for approval for action proposed against the employee.
- An application under section 222(1) of the Companies Act, 2013 for the imposition of restriction on securities. An application under section 241(1) of the Companies Act, 2013 in cases of oppression and mismanagement.
- An application under section 242(4) of the Companies Act, 2013 for regulating the conduct of the company.
- An application under section 243(1)(b) of the Companies Act, 2013 for appointment of Managing Director.
- An application under section 244(1) of the Companies Act, 2013 for waiver of the requirement specified in clause (a) or (b) of section 244(1).
- An application under section 245 of the Companies Act, 2013 for Class action suits.
- An application under section 441 of the Companies Act, 2013 for compounding of certain offences.
- An appeal under section 421 of the Companies Act, 2013 to NCLT.
- An application under any other provisions specifically not mentioned hereinabove.
NCLT Lawyer: Legal Light Consulting Law Firm in South Delhi
Legal Light Consulting Law Firm, based in South Delhi, is a prominent law firm specializing in matters related to the National Company Law Tribunal (NCLT), National Company Law Appellate Tribunal (NCLAT), corporate law, and insolvency and bankruptcy cases. With years of expertise and a deep understanding of complex corporate legal issues, the firm provides comprehensive legal advice, drafts petitions, and represents clients in NCLT and NCLAT proceedings.
Expertise and Services
The firm offers a wide range of services for businesses, companies, and individual clients involved in company litigation, insolvency matters, and disputes under the Companies Act, 2013. Their team of experienced NCLT lawyers specializes in:
- NCLT & NCLAT Matters
Legal Light Consulting provides strategic legal guidance and representation before the NCLT and NCLAT. Whether it is initiating or defending cases under the Insolvency and Bankruptcy Code (IBC), handling corporate governance disputes, or contesting liquidation proceedings, the firm’s team is equipped to manage a diverse range of matters before these tribunals. - Insolvency and Bankruptcy Code (IBC) Cases
The firm has extensive experience in advising clients on matters related to the Insolvency and Bankruptcy Code, representing debtors, creditors, and other stakeholders in corporate insolvency resolution processes (CIRPs) and liquidation proceedings. This includes filing applications for the initiation of CIRP, negotiating resolution plans, and resolving disputes related to the repayment of debts. - Debt Recovery & DRT Litigation
Legal Light Consulting assists clients in debt recovery through Debt Recovery Tribunals (DRT), including filing suits and appeals, handling enforcement proceedings, and protecting the interests of both lenders and borrowers. Their team also handles cases relating to the Recovery of Debts Due to Banks and Financial Institutions (RDDBFI Act). - Money Recovery Suits
The firm provides expert legal services for clients seeking to recover dues, whether related to unpaid debts, loans, or other financial obligations. They offer strategic legal solutions for pursuing recovery suits in civil courts and tribunals. - Corporate Law Cases
In addition to NCLT and NCLAT matters, Legal Light Consulting handles a broad spectrum of corporate law cases, including mergers and acquisitions (M&A), shareholder disputes, corporate governance, and compliance matters.
NCLT Benches and Their Role
The National Company Law Tribunal (NCLT) is an adjudicating body established under Section 408 of the Companies Act, 2013, to resolve disputes related to company law, insolvency, and bankruptcy. The Tribunal functions through a set of regional benches that deal with cases from various jurisdictions. The Central Government has constituted NCLT with one principal bench in New Delhi and regional benches in cities such as Ahmedabad, Allahabad, Bengaluru, Chandigarh, Chennai, Guwahati, Hyderabad, Kolkata, and Mumbai. Legal Light Consulting primarily practices in New Delhi, but their expert lawyers appear before NCLTs across the country.
Types of Cases Handled at NCLT & NCLAT
Legal Light Consulting assists clients in filing various types of applications, petitions, and appeals under the provisions of the Companies Act, 2013, and related laws. Some of the major cases that the firm handles include:
- Corporate Governance and Disputes
- Section 241-242: Applications related to oppression and mismanagement in companies.
- Section 213: Investigations into company affairs for fraud, mismanagement, or breach of fiduciary duty.
- Section 243: Application for regulating the company’s conduct.
- Corporate Restructuring
- Section 14: Application for converting a public company into a private company.
- Section 55(3): Issuing further redeemable preference shares.
- Section 71(9): Petitions by debenture trustees for the protection of debenture holders.
- Financial and Accounting Issues
- Section 130: Petition for reopening of books of accounts.
- Section 131: Voluntary revision of financial statements.
- Section 140(5): Petition for the change of auditors in case of disputes.
- Section 97-98: Petitions for calling Annual General Meetings (AGMs) and other general meetings.
- Debt Recovery & Insolvency
- Applications under the Insolvency and Bankruptcy Code (IBC) for initiating corporate insolvency resolution processes (CIRP), liquidation, or moratorium.
- Section 73-74: Recovery of deposits and interests from companies.
- Appeals regarding the refusal of registration of shares and rectification of the register of members.
- Shareholder and Director Disputes
- Section 59: Appeal against the refusal to register shares.
- Section 58(3): Appeals against the refusal of registration of shares.
- Class Action Lawsuits
- Section 245: Applications for class action suits against companies for mismanagement, fraudulent actions, or other grievances by a group of shareholders.
- Insolvency Appeals and Recovery
- Handling appeals under the Insolvency and Bankruptcy Code (IBC) for debt recovery, winding up, and insolvency-related disputes.
Why Choose Legal Light Consulting?
- Expertise Across Multiple Jurisdictions: While primarily practicing in New Delhi, Legal Light Consulting is well-versed in representing clients at all NCLT benches across India. The firm has built a reputation for its comprehensive knowledge of NCLT and NCLAT processes and its ability to navigate complex legal challenges in corporate law.
- Comprehensive Legal Representation: Legal Light Consulting provides a full spectrum of legal services, from advising on corporate governance to representing clients in high-stakes insolvency proceedings. Whether you need legal advice, help drafting documents, or representation in court, the firm offers personalized solutions.
- Timely and Effective Solutions: The firm’s lawyers are known for their proactive approach in resolving legal issues quickly and efficiently, ensuring that their clients are always in the best position to achieve favorable outcomes in legal disputes.
Conclusion
Legal Light Consulting Law Firm, with its strong expertise in NCLT and NCLAT matters, insolvency, bankruptcy, corporate law, and debt recovery, offers trusted legal services to companies and individuals alike. Whether you’re facing complex disputes, financial challenges, or need advice on corporate governance, their team of experienced lawyers is committed to providing high-quality legal representation and practical solutions.
For businesses and individuals seeking representation before NCLT, NCLAT, or any tribunal in the country, Legal Light Consulting remains a leading choice in South Delhi and beyond.