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MCA extends tenure of Justice(Retd.) Bansi Lal Bhat as acting chairperson of NCLAT by three months

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NCLAT chairperson Justice Bhat gets three-month extension newOn July 6, 2020 The Ministry of Corporate Affairs(MCA) has extended the term of Justice(Retd.) Bansi Lal Bhat, as the acting chairperson of National Company Law Appellate Tribunal(NCLAT) by 3 month, effective from June 15. He was appointed as acting chairperson on March 15, after Justice SJ Mukhopadhaya completed his term in the office.

  • Bansi Lal Bhat also holds the post of Member (Judicial) at the appellate tribunal. 

Important post held by Bansi Lal Bhat:

i.He served as a Principal District and Sessions Judge in Jammu, Srinagar Poonch, Reasi and Kathua. He served as the Presiding Officer of Motor Accidents Claims Tribunal, Jammu for a year.

ii.He also served for two tenures as Special Judge Anti-Corruption Jammu and was appointed as Special Judge of the newly created Anti-Corruption Court for trial of CBI cases.

iii.He was appointed as Additional Judge of the High Court of Jammu and Kashmir in 2013 and as permanent Judge in 2014. He was appointed as the President of J&K State Consumer Disputes Redressal Commission (JKSCDRC) in December, 2016 and resigned after 19 days.

iv.He was appointed as Judicial Member in the newly set up Armed Forces Tribunal, Regional Bench Srinagar at Jammu and also presided over Benches at Chandigarh, Shimla, Jaipur and Delhi.

v.He resigned from the position after he was appointed as Judicial Member of National Company Law Appellate Tribunal, New Delhi in October 17,2017.

About NCLAT:

i.NCLAT was constituted under Section 410 of the Companies Act, 2013 for hearing appeals against the orders of the National Company Law Tribunal (NCLT).

ii.It is also the hears appeals against the orders passed by  the Competition Commission of India (CCI) and the Insolvency and Bankruptcy Board of India (IBBI)
Headquarters– New Delhi, India