The National Company Law Tribunal (NCLT) law is a significant legal framework in India that addresses corporate and insolvency matters. Established under the Companies Act, 2013, NCLT is a quasi-judicial body responsible for adjudicating issues related to company law, mergers and acquisitions, and insolvency and bankruptcy cases. NCLT has jurisdiction over matters involving companies, limited liability partnerships, and other entities. It deals with disputes arising from company affairs, including oppression and mismanagement cases. NCLT plays a central role in the insolvency resolution process by hearing and deciding insolvency cases filed under the Insolvency and Bankruptcy Code, 2016. NCLT ensures fair and transparent proceedings, overseeing the corporate restructuring, liquidation, and revival of distressed companies. It provides a forum for creditors, debtors, and other stakeholders to seek timely resolution of financial difficulties. NCLT law aims to streamline corporate governance, protect the interests of stakeholders, and facilitate the efficient administration of justice in matters related to companies and insolvency.

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