
National Company Law Tribunal (NCLT) Indore Bench: Complete Details
What is NCLT?
The National Company Law Tribunal (NCLT) is a quasi-judicial body in India constituted under Section 408 of the Companies Act, 2013. It is empowered to adjudicate issues related to company law, corporate disputes, and insolvency proceedings.
NCLT replaced:
- Company Law Board (CLB)
- Board for Industrial and Financial Reconstruction (BIFR)
- Appellate Authority for Industrial and Financial Reconstruction (AAIFR)
It also took over the powers relating to winding up of companies previously vested in the High Courts.
When was the NCLT Indore Bench established?
The NCLT Indore Bench was established in 2019 as part of the governmentβs move to decentralize company law adjudication and insolvency resolution mechanisms. It came into operational status with dedicated courtrooms, registry office, and benches to handle cases for Madhya Pradesh and Chhattisgarh regions.
Where is the NCLT Indore Bench situated?
- π Address:
Indore, Madhya Pradesh β 452016 - It operates from a dedicated commercial building equipped with courtrooms, registries, and facilities for lawyers, insolvency professionals, and corporate officers.
Jurisdiction of NCLT Indore Bench
The Indore Bench exercises territorial jurisdiction over:
- Madhya Pradesh
- Chhattisgarh
It hears company law matters and insolvency cases originating from registered companies and corporate entities whose registered offices are situated in these two states.
Functions & Powers of NCLT Indore Bench
A. Under the Companies Act, 2013:
- Adjudication of company disputes like:
- Mismanagement and oppression petitions (Section 241β242)
- Approval for mergers, demergers, amalgamations (Section 230β232)
- Reduction of share capital (Section 66)
- Compounding of offences (Section 441)
- Approval for shifting of registered offices from one state to another (Section 13)
- Rectification of register of members (Section 59)
- Cases of revival and rehabilitation of sick companies
- Company liquidation and winding up orders (Section 271 onwards)
B. Under Insolvency & Bankruptcy Code (IBC), 2016:
- Corporate Insolvency Resolution Process (CIRP) under Section 7, 9, and 10 of IBC
- Approval of resolution plans for insolvent companies
- Liquidation orders
- Fast-track insolvency processes
- Insolvency resolution of corporate guarantors
- Insolvency petitions by operational and financial creditors
- Personal insolvency against company promoters (as notified)
Structure of NCLT Indore Bench
- Constituted by a President at the national level
- Indore Bench comprises:
- Judicial Members (appointed judges/ex-judges)
- Technical Members (qualified professionals with corporate, law, and finance backgrounds)
Generally, each case is heard by a bench consisting of one Judicial Member and one Technical Member.
Appeal Against NCLT Indore Bench Orders
- Orders passed by NCLT Indore can be appealed to the National Company Law Appellate Tribunal (NCLAT), New Delhi.
- Further appeal lies with the Supreme Court of India under Article 136 of the Constitution.
Cause List and Case Status
- Daily cause lists and case status for NCLT Indore Bench can be accessed through the official portal:
π https://nclt.gov.in/
The portal provides:
- Case status check
- Cause list
- Orders passed
- Notices and notifications
Why is NCLT Indore Bench Important?
It decentralizes and speeds up adjudication of company law and insolvency disputes which earlier required parties to travel to Mumbai or New Delhi.
It facilitates:
- Faster insolvency resolution
- Timely revival of sick companies
- Corporate restructuring approvals
- Protection against company mismanagement and minority shareholder oppression
Frequently Asked Questions (FAQs)
Q. Where is the NCLT Indore Bench located?
π It is located at Bicholi Hapsi Road, Near Bengali Square, Indore β 452016.
Q. What kind of cases does the NCLT Indore Bench decide?
π It decides company law disputes, insolvency petitions under IBC, corporate restructuring applications, and company winding up matters.
Q. Does the NCLT Indore Bench cover Chhattisgarh too?
π Yes, it has territorial jurisdiction over both Madhya Pradesh and Chhattisgarh.
Q. Can I check my NCLT Indore case status online?
π Yes, case status can be checked at https://nclt.gov.in by selecting Indore Bench.
Q. Which Act empowers the NCLT Indore Bench to conduct insolvency proceedings?
π The Insolvency and Bankruptcy Code (IBC), 2016.
Q. How can a company file a merger application in Indore?
π A company must submit a Section 230β232 petition before the NCLT Indore Bench with required affidavits, resolutions, scheme documents, and statutory approvals.
Conclusion
The National Company Law Tribunal (NCLT) Indore Bench is an essential corporate legal forum for resolving complex company law matters, insolvency cases, and corporate restructuring disputes in Madhya Pradesh and Chhattisgarh. With its dedicated judicial and technical benches, it offers a specialized and efficient mechanism for addressing corporate grievances, insolvency resolution, and stakeholder protection in the corporate sector.
Advocate J.S. Rohilla (Civil & Criminal Lawyer in Indore)
Contact: 88271 22304