nclt/nclat practice

The New Companies Act 2013 has replaced the older Companies Act 1956. With this transformative shift, there have been numerous changes to corporate practices in India. The same is true for the Corporate Lawyers and NCLT Lawyers in Noida, Delhi, etc. Key amendments include the abolition of the Company Law Board and the inception of the National Company Law Tribunal (NCLT) as well as the establishment of the National Company Law Appellate Tribunal (NCLAT) for the purpose of handling the company appeals. Another modification under The New Companies Act 2013 has been the elimination of the jurisdiction of High Courts over company matters.

The National Company Law Tribunal (NCLT) was constituted by the Central Government under Section 408 of the Companies Act of 2013, effective from June 1, 2016. The 1st phase included the set up of 11 Benches, wherein the sole Principal Bench is in New Delhi. The Regional Benches are established in cities such as Ahmedabad, Allahabad, Bengaluru, Chandigarh, Chennai, Guwahati, Hyderabad, Kolkata, and Mumbai by the Ministry of Corporate Affairs.

NCLT/NCLAT Services by Corpsage Legal LLP

Our primary practice is in South Delhi, but we actively appear before all NCLTs across India. We have a seasoned team of corporate lawyers, which allows us to offer the NCLT Lawyer in Delhi or NCLT Lawyer in Noida to our clients. All our lawyers are considered the best in Delhi/NCR as they are well-equipped and continually updated with the intricacies of the National Company Law Tribunal (NCLT) and the National Company Law Appellate Tribunal (NCLAT). It allows them to easily navigate through it, giving our clients a seamless experience.

Under the umbrella of NCLT/NCLAT Services, Corpsage Legal LLP handles various cases, appeals, petitions, and applications under the Companies Act of 2013. We assure professionalism in handling the following appeals:

• Appeal to rectify the register of members under the Section 59 of the Companies Act
• Appeal to the National Company Law Tribunal (NCLT) under Section 421 of the Companies Act 2013.
• Appeal against the refusal of shares registration under the Section 58(3) of the Companies Act 2013.
• Appeal against the government’s order fixing terms or/and conditions to convert debentures & shares under Section 64(4) of the Companies Act 2013.

Corpsage Legal LLP also handles the following applications:

• Application to reopen accounts books under Section 130(1) of the Companies Act 2013. Note that this request is submitted by anyone other than the Central Government, Income Tax authorities, SEBI, or any other statutory regulatory body or authority.
• Application by the company to voluntarily revise the financial statements in the Board’s report under Section 131(1) of the Companies Act 2013.
• Application to convert a public company into a private company under Section 14(1) of the Companies Act 2013.
• Application to ask exemption from sending the auditor’s representation copy to the members, under Section 140(4) of the Companies Act 2013.
• Application by any individual for the change of auditors under Section 140(5) of the Companies Act 2013.
• Application for not sending representation copies under Section 169(4) of the Companies Act 2013.
• Application for a change in the financial year under Section 2(41) of the Companies Act 2013.
• Application to the Tribunal for the investigation into company affairs under Section 213 of the Companies Act 2013.
• Application for approving of action put forward against employees under Section 218(1) of the Companies Act 2013.
• Application for the sanctioning of restrictions on securities under Section 222(1) of the Companies Act 2013.
• Application in cases of oppressiveness and mishandling under Section 241(1) of the Companies Act 2013.
• Application to regular company’s conduct under Section 242(4) of the Companies Act 2013.
• Application for the appointment of a Managing Director under Section 243(1)(b) of the Companies Act 2013.
• Application for exemption of requirements specified in clause (a) or (b) of Section 244(1) under Section 244(1) of the Companies Act 2013.
• Application for Class action suits under Section 245 of the Companies Act 2013.
• Application for compounding of convicted misdemeanors under Section 441 of the Companies Act 2013.
• Application for the issue of further redeemable preference shares under Section 55(3) of the Companies Act 2013.
• Application to the Tribunal where the company has been incorporated by furnishing false or incorrect information or by any fraudulent action under Section 7(7) of the Companies Act 2013.
• Application for the failure of redeeming debentures under Section 71(10) of the Companies Act 2013.
• Application by the depositor for the repayment of deposit or interest under Section 73(4) of the Companies Act 2013.
• Application to allow further time as considered reasonable for the company to repay deposits under Section 74(2) of the Companies Act 2013.
• Application for the calling of Annual General Meeting under Section 97(1) of the Companies Act 2013.
• Application for the calling of general meetings of companies other than the Annual General Meeting under Section 98(1) of the Companies Act 2013.

Corpsage Legal LLP also handles the following petitions:

• Petition under Section 119(4) of the Companies Act 2013, seeking an order for the immediate inspection of minute books or directing the prompt dispatch of a copy to the person in need.
• Petition under Section 71(9) of the Companies Act 2013, filed by debenture-trustees.

Important Note: Under the umbrella of NCLT/NCLAT Services, Corpsage Legal LLP also handles other types of cases, appeals, petitions, and applications that are specifically not mentioned hereinabove.